Form 4: International Seaways SVP and CFO Jeffrey Pribor Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jeffrey Pribor, SVP and CFO of International Seaways, reports the vesting of restricted stock units and subsequent acquisition and disposal of common stock to cover tax liabilities.
Summary
- On March 14, 2025, Jeffrey Pribor, SVP and CFO of International Seaways, had 3,387 restricted stock units vest, which were settled in shares of common stock.
- Simultaneously, 1,643 shares were withheld by International Seaways to cover Pribor's tax withholding liability resulting from the vesting.
- Following these transactions, Pribor directly owns 56,487 shares of International Seaways common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, and it doesn't inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock units impacts the executive's ownership stake in the company.
- Shareholders may be interested in tracking executive compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: Vesting of restricted stock units and subsequent stock transactions. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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