Form 4: International Seaways SVP and CFO Jeffrey Pribor Reports Stock Transactions Following Vesting of Performance Restricted Stock Units

Jeffrey Pribor, SVP and CFO of International Seaways, reports the acquisition and disposal of company stock following the vesting of performance restricted stock units on February 27, 2025.

Summary

• On February 27, 2025, Jeffrey Pribor, SVP and CFO of International Seaways, acquired 28,938 shares of common stock due to the vesting of 23,151 performance restricted stock units granted on April 7, 2022, under the company's 2020 Management Incentive Compensation Plan.
• Simultaneously, 14,855 shares were withheld by International Seaways to cover Pribor's tax withholding liability resulting from the vesting.
• After these transactions, Pribor directly owns 52,932 shares of International Seaways common stock.
• The performance restricted stock units also vested on February 27, 2025, and were settled in shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the alignment of management's interests with those of shareholders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.
• The transactions have a minor impact on the overall share structure of the company.

Key Dates