Lois K. Zabrocky - Apr 1, 2024 Form 4 Insider Report for International Seaways, Inc. (INSW)

Signature
/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed
Stock symbol
INSW
Transactions as of
Apr 1, 2024
Transactions value $
-$54,154
Form type
4
Date filed
4/2/2024, 05:34 PM
Previous filing
Mar 19, 2024
Next filing
Apr 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSW Common Stock Sale -$54.2K -1K -0.71% $54.15 140K Apr 1, 2024 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 This transaction was executed in multiple trades at prices ranging from $53.56 to $54.54. The price reported above reflects the weighted average sale price. The reporting hereby undertakes to provide, upon request, full information regarding the number of shares and prices at which the transaction was effected to the SEC staff, the issuer or a security holder of the issuer. 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.