Form 4: International Seaways Executive Sells 1,500 Shares
SEC Form 4 Filing
Senior Vice President Derek G. Solon of International Seaways, Inc. sold 1,500 shares of common stock at a price of $62.92 on May 10, 2024.
Summary
- On May 10, 2024, Derek G. Solon, a Senior Vice President at International Seaways, Inc. (INSW), sold 1,500 shares of the company's common stock.
- The transaction was executed at a price of $62.92 per share.
- Following the sale, Mr. Solon directly owns 48,887 shares of International Seaways, Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Derek G. Solon sold 1,500 shares of International Seaways, Inc. common stock. |
| 05/13/2024 | Date of signature by Attorney-in-Fact. |
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