Form 4: INSW CFO Jeffrey Pribor Executes Stock Sale
Statement of Changes in Beneficial Ownership
International Seaways, Inc. CFO Jeffrey Pribor sold 1,000 shares of common stock under a pre-arranged 10b5-1 trading plan.
Summary
- Jeffrey Pribor, SVP & CFO of International Seaways, Inc., sold 1,000 shares of common stock.
- The transaction occurred on June 15, 2026, at a price of $81.68 per share.
- The sale was executed pursuant to a Rule 10b5-1 trading plan established on May 23, 2025.
- Following the transaction, the reporting person retains beneficial ownership of 101,984 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a small fraction of the executive's total holdings.
Positives
- The sale was conducted via a pre-planned Rule 10b5-1 trading plan, which typically indicates the transaction is not based on non-public material information.
Negatives
- Insider selling can sometimes be perceived by the market as a lack of confidence in future share price appreciation, though this was a planned divestment.
Risks
- Market volatility affecting the value of remaining holdings.
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Industry Context
StockSavvy.ai notes that insider sales executed under 10b5-1 plans are standard corporate practice for executives to manage personal liquidity and are generally viewed as neutral by the investment community.
Comparison to Industry Standards
- The use of 10b5-1 plans is a standard governance practice among S&P 500 and mid-cap executives to ensure compliance with insider trading regulations.
Stakeholder Impact
- Minimal impact on shareholders as the sale was executed through a pre-arranged plan.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 2025-05-23 | Date the Rule 10b5-1 trading plan was executed. |
| 2026-06-15 | Date of the reported stock sale transaction. |
| 2026-06-17 | Date the Form 4 was filed with the SEC. |
Keywords
INSW, International Seaways, Insider Trading, Form 4, CFO, Stock Sale
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