Jeffrey Pribor, who serves as senior vice president and chief financial officer of International Seaways Inc (NYSE: INSW), sold 1,000 shares of the company's common stock on March 16, 2026. The shares transacted at $66.50 each, producing proceeds of $66,500. Following the disposition, Pribor retained direct ownership of 100,521 shares of International Seaways.
The sale was carried out pursuant to a Rule 10b5-1 trading plan that Pribor adopted on May 23, 2025. The execution under that pre-established plan indicates the transaction followed the terms of an authorized schedule for insider trading.
International Seaways also released fourth-quarter 2025 financial results that materially outperformed Wall Street expectations. The company reported earnings per share of $2.45, compared with a consensus forecast of $1.94. Revenue for the quarter came in at $267.88 million versus the anticipated $235.36 million.
Management declared a quarterly dividend of $2.15, the largest on record for the company, which the company characterized as representing an approximately 12% annualized yield. The dividend declaration accompanies the strong top-line and bottom-line results reported for the quarter.
Analyst reaction included BTIG raising its price target on International Seaways to $80 from $70 while maintaining a Buy rating. BTIG cited the company’s earnings beat and a robust tanker rate environment as the basis for its revised outlook.
The company’s fourth-quarter earnings per share of $2.41, when excluding an $8 million gain on a vessel sale, were 17% above the Street’s estimate of $2.07. Those adjusted results further underline the gap between reported performance and consensus estimates for the period.
These developments - the insider sale executed under a pre-existing trading plan and the company’s stronger-than-expected quarterly performance, including a record dividend and an elevated analyst price target - together provide a snapshot of recent insider activity and corporate financial news at International Seaways.