Trade Summary
6 days ago, Famatown Finance Ltd, serving as 10% owner at International Seaways, Inc. (INSW), sold 456,362 shares at $75.52 per share, for a total transaction value of $34,464,188.00. Following this transaction, Famatown Finance Ltd now holds 7,810,494 shares of INSW.
This sale represents a 6.00% decrease in Famatown Finance Ltd's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, March 9, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 12, 2026, 3 days after the trade was made.
International Seaways, Inc. operates in the ENERGY sector, specifically within the OIL & GAS MIDSTREAM industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.