International Seaways, Inc.·4

Mar 13, 7:00 PM ET

Oshodi Adewale 4

4 · International Seaways, Inc. · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

International Seaways (INSW) VP Oshodi Adewale Receives Award

What Happened

  • Oshodi Adewale, Vice President & Controller of International Seaways (INSW), had 1,134 restricted stock units (RSUs) vest on March 12, 2026 and those units were settled into 1,134 shares of common stock. In connection with the vesting, 550 shares were withheld by the company to cover the Reporting Person’s tax withholding obligation, leaving a net delivery of 584 shares to the insider. All transactions are reported at N/A prices because they result from RSU settlement and tax withholding rather than an open-market trade.

Key Details

  • Transaction date: March 12, 2026 (Form 4 filed March 13, 2026 — timely)
  • Reported entries: Other acquisition (code J) 1,134 shares acquired; Tax withholding/payment (code F) 550 shares surrendered; Disposition of derivative (code D) 1,134 RSUs settled
  • Price: N/A (shares issued on RSU settlement; no open-market price reported)
  • Net shares delivered to insider: 584 shares (1,134 vested − 550 withheld)
  • Shares owned after transaction: Not specified in the reported items
  • Footnotes: F1/F2 confirm 1,134 RSUs vested and were settled in shares; 550 shares withheld to satisfy withholding tax

Context

  • This was an RSU vesting event (award settlement), not an open-market buy or sell. Withholding shares for taxes is a routine part of RSU settlements and does not by itself indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-12
Oshodi Adewale
Vice President & Controller
Transactions
  • Other

    Common Stock, no par value per share

    [F1]
    2026-03-12+1,13412,370 total
  • Tax Payment

    Common Stock, no par value per share

    [F1]
    2026-03-1255011,820 total
  • Disposition to Issuer

    Restricted Stock Units

    [F2]
    2026-03-121,1342,268 total
    Exercise: $0.00Common Stock (1,134 underlying)
Footnotes (2)
  • [F1]These 1,134 shares of Common Stock are being acquired in connection with the vesting of 1,134 restricted stock units on March 12, 2026 pursuant to the International Seaways, Inc. 2020 Management Incentive Compensation Plan (the "Plan") which vested units are being settled in shares of Common Stock. In connection with the vesting of the units 550 shares are being withheld by International Seaways, Inc. ("INSW") in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units.
  • [F2]These 1,134 restricted stock units vested on March 12, 2026 and are being settled in shares of Common Stock as reported in Table I of this Form 4.
Signature
/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed|2026-03-13

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4