Oshodi Adewale 4
4 · International Seaways, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
International Seaways (INSW) VP Adewale Receives 641 Shares (RSU Vest)
What Happened
- Oshodi Adewale, Vice President & Controller of International Seaways, reported the vesting and settlement of 641 restricted stock units (RSUs) on March 13, 2026. The RSUs were settled into 641 shares of common stock. In connection with the vesting, 261 shares were withheld by the company to satisfy tax withholding, resulting in a net delivery of 380 shares to the reporting person. No per-share price or total dollar value was reported (N/A).
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 16, 2026 (filed timely).
- Reported transactions: acquisition/settlement of 641 shares (RSU vest), and withholding of 261 shares for tax obligations.
- Price/Value: N/A on the filing — no dollar amounts reported for these transactions.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1/F2 confirm 641 RSUs vested and were settled in shares; 261 shares withheld to cover tax withholding liability.
- Transaction codes: A-type vesting/settlement (reported as acquisition) and F (tax withholding). This was not an open-market buy or sale.
Context
- This is a routine equity compensation event (RSU vesting). The withholding of shares to cover taxes is common and does not indicate an open-market sale or change in ownership intent.
- Because no cash purchase or open-market sale occurred, this is generally not interpreted as a new bullish or bearish signal by itself — it reflects compensation being paid out in stock.
Insider Transaction Report
Form 4
Oshodi Adewale
Vice President & Controller
Transactions
- Other
Common Stock, no par value per share
[F1]2026-03-13+641→ 12,461 total - Tax Payment
Common Stock, no par value per share
[F1]2026-03-13−261→ 12,200 total - Disposition to Issuer
Restricted Stock Units
[F2]2026-03-13−641→ 641 totalExercise: $0.00→ Common Stock (641 underlying)
Footnotes (2)
- [F1]These 641 shares of Common Stock are being acquired in connection with the vesting of 641 restricted stock units on March 13, 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 261 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 641 restricted stock units vested on March 13, 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|2026-03-16