Jeffrey Pribor, SVP and CFO of International Seaways, Inc. (NYSE:INSW), filed a Form 4 on November 9, 2026, disclosing a net share settlement exercise of 26,713 stock options on November 6, 2026.

Key Highlights

  • Option exercise: Pribor exercised 26,713 stock options at a conversion price of $21.58 per share on November 6, 2026, using a net share settlement basis.
  • Shares acquired: 26,713 shares of Common Stock, no par value per share, were acquired (transaction code M) at $21.58.
  • Shares withheld: 16,501 shares were disposed of (transaction code F) at $98.02 to cover the aggregate exercise price and withholding taxes.
  • Resulting ownership: Following both transactions, Pribor directly beneficially owned 111,196 shares of Common Stock.
  • Options fully vested: According to the filing, 100% of the exercised options were vested as of the date exercisable, March 17, 2021.
  • Options balance: Following the exercise, Pribor holds 0 of these stock options, which had an expiration date of March 17, 2031.

Pribor's Net Share Settlement Exercise: Transaction Details for International Seaways

According to the Form 4 filed with the SEC on November 9, 2026, Jeffrey Pribor, serving as SVP and CFO of International Seaways, Inc. (NYSE:INSW), reported two transactions in the company's Common Stock, no par value per share, both dated November 6, 2026. The filing was signed by James D. Small III as attorney-in-fact pursuant to a previously filed power of attorney.

The first transaction (code M) reflects the exercise of 26,713 stock options on a net share settlement basis, with a conversion or exercise price of $21.58. These options were originally granted with a date exercisable of March 17, 2021, and carried an expiration date of March 17, 2031. The filing states that 100% of these options were vested as of the date exercisable. After this acquisition, Pribor's directly held share count stood at 127,697.

The second transaction (code F) records the disposal of 16,501 shares at $98.02 per share. The filing explains that this figure "represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise." After this disposition, Pribor's direct beneficial ownership totaled 111,196 shares. Following the exercise, Pribor holds zero of these particular stock options.

What Was Disclosed

Jeffrey Pribor, CFO of International Seaways, Inc., reported a net share settlement option exercise on November 6, 2026. He acquired 26,713 shares at $21.58 and had 16,501 shares withheld at $98.02, leaving a direct beneficial ownership of 111,196 shares.