Lois K. Zabrocky, President and Chief Executive Officer of International Seaways, Inc. (NASDAQ: INSW), completed the sale of 2,000 shares of common stock on April 15, 2026, a transaction disclosed in a Form 4 filed with the Securities and Exchange Commission.
The reported per-share price for the trades ranged between $73.75 and $75.45, producing total proceeds of $149,143 based on an average price of $74.5716. Following the disposition, Zabrocky retains direct ownership of 206,745 shares of International Seaways.
According to the filing, the sale was carried out under a Rule 10b5-1 trading plan that Zabrocky established on March 14, 2025. The timing of the disposition coincided with a period of strong market performance for the stock - INSW has gained roughly 148% over the past year and was trading at $76.47 at the time of the latest market update, near its 52-week high of $78.51.
Separate company disclosures and analyst commentary detailed International Seaways' recent operating and financial momentum. For the fourth quarter of 2025, the company reported earnings per share of $2.45, beating the Wall Street consensus of $1.94. Revenue for the quarter was $267.88 million versus an expected $235.36 million.
In conjunction with the quarterly results, International Seaways announced a record dividend of $2.15 per share, which the company characterized as representing an approximately 12% annualized yield. BTIG responded to the earnings beat and the favorable tanker rate environment by raising its price target for INSW to $80 from $70 while maintaining a Buy rating.
The Form 4 filing and accompanying commentary also referenced third-party valuation analysis. According to InvestingPro analysis cited in the report, INSW appears overvalued relative to its Fair Value. The filing noted that additional research is available through a Pro Research Report covering INSW and more than 1,400 other U.S. equities.
Context and implications
The CEO sale was executed under a pre-established 10b5-1 plan and occurred amid strong company fundamentals reported for Q4 2025. The combination of an outsized share-price run, higher-than-expected earnings and a record dividend has drawn analyst attention, as reflected in BTIG's raised target and maintained Buy rating.
Investors and market participants monitoring insider activity, valuation metrics and tanker-rate dynamics will likely weigh these developments in forming views on INSW's near-term outlook.