Form 4: International Seaways SVP and CFO, Jeffrey Pribor, Reports Changes in Beneficial Ownership
SEC Form 4
Jeffrey Pribor, SVP and CFO of International Seaways, reports the vesting and settlement of restricted stock units resulting in changes to his beneficial ownership of company stock.
Summary
- On April 7, 2025, Jeffrey Pribor, SVP and CFO of International Seaways, had 18,008 shares of common stock acquired through the vesting of restricted stock units.
- Specifically, 10,291 and 7,717 restricted stock units vested on April 7, 2025, and were settled in shares of common stock.
- In connection with the vesting, 8,993 shares were withheld by International Seaways to cover Pribor's tax withholding liability.
- Following these transactions, Pribor directly owns 65,502 shares of International Seaways common stock.
- He also owns 0 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.
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 shareholders by increasing the number of outstanding shares, though the effect is likely minimal in this case.
Key Dates
| Date | Description |
|---|---|
| 04/07/2025 | Date of transaction: Vesting of restricted stock units and acquisition/disposal of common stock. |
| 04/09/2025 | Date of report filing. |
Keywords
International Seaways, INSW, Jeffrey Pribor, Form 4, Beneficial Ownership, Restricted Stock Units, Vesting, SVP, CFO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.