Form 4: International Seaways Officer James D. Small III Sells 7,500 Shares
SEC Form 4 Filing
James D. Small III, CAO, SVP, Sec. & General Counsel of International Seaways, Inc., sold 7,500 shares of common stock at a weighted average price of $55.1971 on June 14, 2024.
Summary
- On June 14, 2024, James D. Small III, an officer at International Seaways, Inc., sold 7,500 shares of the company's common stock.
- The sale was executed in multiple trades with prices ranging from $55.06 to $55.57, resulting in a weighted average sale price of $55.1971.
- Following the transaction, Small directly owns 55,138 shares of International Seaways stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The sale of shares by a company officer may be of interest to shareholders as it provides insight into the officer's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of the stock sale transaction |
| 06/17/2024 | Date of signature on the Form 4 filing |
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