Insider Trading June 17, 2026 10:25 PM

International Seaways CEO Executes Stock Sale Under Pre-Arranged Plan

Lois K. Zabrocky divests $162,676 worth of shares as company reports strong Q1 2026 earnings and maintains analyst confidence in tanker sector.

By Caleb Monroe
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INSW

International Seaways, Inc. (NASDAQ: INSW) President and CEO Lois K. Zabrocky sold 2,000 shares on June 15, 2026, totaling $162,676. The transaction was part of a Rule 10b5-1 trading plan established in March 2025. Following the sale, Zabrocky retains direct ownership of 177,745 shares. The company recently reported Q1 2026 adjusted EPS of $3.90, beating expectations, driven by favorable tanker market conditions. Jefferies maintains Buy ratings on INSW and peers like Dorian LPG Ltd., citing strong medium-term LPG market outlooks and improved financial metrics post-drydocking.

International Seaways CEO Executes Stock Sale Under Pre-Arranged Plan
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Key Points

  • Lois K. Zabrocky sold 2,000 shares of INSW on June 15, 2026, under a Rule 10b5-1 plan established in March 2025, retaining 177,745 direct shares.
  • International Seaways reported Q1 2026 adjusted EPS of $3.90, beating the $2.68 forecast, driven by favorable tanker market conditions.
  • Jefferies maintains Buy ratings on INSW and Dorian LPG Ltd., citing strong medium-term LPG outlooks and improved financial metrics post-drydocking.

Lois K. Zabrocky, serving as President and CEO of International Seaways, Inc. (NASDAQ: INSW), executed a sale of 2,000 shares of the company's common stock on June 15, 2026. The transaction resulted in a total realized value of $162,676. The shares were divested at prices varying between $80.0900 and $82.2600, establishing a weighted average sale price of $81.3381 per share. This divestiture occurs against a backdrop of significant stock performance, with INSW delivering 124% returns over the trailing twelve months. The stock currently trades at a price-to-earnings (P/E) ratio of 7.42. Market analysis suggests the equity remains undervalued, highlighting substantial upside potential within the current valuation landscape.


The executed transaction was processed in accordance with a Rule 10b5-1 trading plan. Ms. Zabrocky originally established this automated trading arrangement on March 14, 2025. Following the completion of this specific sale, her direct holding of International Seaways common stock totals 177,745 shares. The structured nature of the plan indicates pre-arranged execution parameters rather than ad-hoc decision-making at the time of the sale.


Financial performance for the first quarter of 2026 demonstrated robust operational results. International Seaways reported adjusted earnings per share (EPS) of $3.90, significantly exceeding the analyst consensus forecast of $2.68. This outperformance was directly attributed to favorable operating conditions within the tanker market segment. Concurrently, during the 2026 Annual Meeting of Stockholders, shareholders approved several critical governance proposals. These approvals included the election of nine directors and authorized modifications to executive compensation structures.


Analyst sentiment toward the broader tanker sector remains constructive. Jefferies, following its Shipping Summit, continues to uphold Buy ratings on International Seaways alongside three other tanker-focused entities. Notably, Dorian LPG Ltd. is included in this positive rating set. Dorian LPG, carrying a market capitalization of approximately $2 billion, expresses optimism regarding the medium-term trajectory of the liquefied petroleum gas (LPG) market. The company's financial position benefits from a low cash breakeven threshold and reduced capital expenditure requirements, a direct result of completing its recent drydocking cycle. These operational milestones reflect ongoing strategic adjustments within the shipping industry.


Market data indicates recent trading activity for LPG at $40.02, reflecting a decline of 3.29%. INSW trading data shows a 0.63% movement. Investor interest in these entities is monitored through comprehensive financial metrics evaluating fundamentals, momentum, and valuation. Strategies utilizing AI-driven analysis assess risk-reward profiles across thousands of equities, identifying opportunities based on current data points rather than market popularity.

Risks

  • The sale of shares by the CEO, while executed under a pre-arranged plan, may signal internal valuation perspectives to the market.
  • Dependency on tanker market conditions poses a risk if favorable operating environments reverse, impacting reported earnings.
  • LPG market optimism from peers like Dorian LPG may be subject to medium-term volatility, affecting sector-wide sentiment.

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