Lois K. Zabrocky, President and Chief Executive Officer of International Seaways, Inc. (NYSE: INSW), sold 2,000 shares of the company’s common stock on March 16, 2026, according to a Form 4 filed with the Securities and Exchange Commission.
The block was executed at a weighted average price of $67.7894 per share, generating total proceeds of $135,578. Trades that comprised the sale ranged from $66.5700 to $68.6300. Following the disposition, Zabrocky retains direct ownership of 208,745 shares of International Seaways common stock.
The Form 4 notes that the transaction was completed pursuant to a Rule 10b5-1 trading plan that Zabrocky adopted on March 14, 2025. The filing does not indicate any deviation from or modification to that plan in connection with this sale.
Market context around the sale shows mixed price movement. Over the most recent week, INSW shares declined about 7.7%, while the stock remains up approximately 106% over a 12-month period. Independent analysis published by InvestingPro indicates the stock is trading slightly above its Fair Value and assigns International Seaways a "GOOD" financial health score of 2.86.
Separately, International Seaways released its fourth-quarter 2025 financial results that materially exceeded consensus expectations. The company reported earnings per share of $2.45, versus a forecast of $1.94, and revenue of $267.88 million compared with an anticipated $235.36 million.
Alongside the earnings beat, the company declared an all-time high quarterly dividend of $2.15. The firm stated that this dividend equates to roughly a 12% annualized yield and represents a payout equal to approximately 73% of quarterly operating cash flow.
Responding to the quarterly print, BTIG raised its price target for International Seaways to $80 from $70 and maintained a Buy rating. In its rationale, the brokerage cited the company’s earnings outperformance and the favorable tanker rate environment as primary considerations.
Taken together, the insider sale, the company’s over-the-year share appreciation, the InvestingPro valuation assessment, and the recent operational and financial results provide multiple data points for investors monitoring International Seaways. The Form 4 confirms the trade was conducted under a pre-established Rule 10b5-1 plan; other facts reported by the company and by BTIG are detailed above.