Form 4: International Seaways SVP Derek G. Solon Sells 1,000 Shares
SEC Form 4 Filing
Senior Vice President of International Seaways, Derek G. Solon, disposed of 1,000 shares of common stock on September 12, 2024.
Summary
- On September 12, 2024, Derek G. Solon, a Senior Vice President at International Seaways, Inc. (INSW), sold 1,000 shares of the company's common stock.
- The transaction was executed at a price of $49.7503 per share.
- Following the transaction, Mr. Solon directly owns 46,887 shares of International Seaways.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company executives and their holdings in the company.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although a sale of 1,000 shares is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of transaction: Derek G. Solon sold 1,000 shares of International Seaways stock. |
| 09/13/2024 | Date of signature on the Form 4 filing. |
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