Form 4: International Seaways SVP Derek G. Solon Reports Stock Sale
SEC Form 4 Filing
Senior Vice President Derek G. Solon of International Seaways, Inc. reports selling 1,500 shares of common stock on May 13, 2025.
Summary
- On May 13, 2025, Derek G. Solon, a Senior Vice President at International Seaways, Inc. (INSW), sold 1,500 shares of common stock.
- The sale price was $38.215 per share.
- Following the transaction, Solon directly owns 55,893 shares of International Seaways, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of stock sale transaction |
Keywords
Form 4, International Seaways, INSW, Derek G. Solon, Stock Sale, Beneficial Ownership, Senior Vice President
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