International Seaways’ Chief Accounting Officer, James D. Small III, recently sold 20,000 shares of the company’s stock for approximately $1.5 million, according to an SEC Form 4 filing. This sale, executed at a price of $75.37 per share, matches the largest transaction size in Small’s history and marks the highest percentage of his holdings sold in a single transaction, at 35.5%. Following this sale, his direct ownership has decreased from 56,376 to 36,376 shares.
This transaction comes on the heels of a remarkable year for International Seaways, with shares appreciating roughly 124% over the past year. The company reported a strong Q4 2025, beating earnings forecasts and declaring a record quarterly dividend. While Small’s sale may raise questions, it appears to be a strategic move to realize gains after a significant stock run-up, rather than a signal of underlying issues.
For investors, the key takeaway is that Small’s profit-taking aligns with strong company performance and favorable market conditions in the tanker sector. The focus should remain on whether these positive dynamics will persist, rather than on individual executive transactions.
Source: fool.com