Lois K. Zabrocky - Oct 2, 2023 Form 4 Insider Report for International Seaways, Inc. (INSW)

Role
President & CEO, Director
Signature
/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed
Stock symbol
INSW
Transactions as of
Oct 2, 2023
Transactions value $
-$44,960
Form type
4
Date filed
10/3/2023, 04:33 PM
Previous filing
Sep 5, 2023
Next filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSW Common Stock Sale -$45K -1K -0.7% $44.96 141K Oct 2, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on March 8, 2023.