Multiple significant shareholders of International Seaways, Inc. (INSW) have divested substantial portions of their holdings. On March 12, 2026, six insiders, including Greenwich Holdings Ltd., Famatown Finance Ltd, and C.K. Ltd, collectively sold approximately $103.40 million worth of INSW shares.
The sales occurred at prices of $75.62 and $75.34 per share. Greenwich Holdings Ltd., Famatown Finance Ltd, and C.K. Ltd each sold 300,000 shares at $75.62, totaling $22.69 million for each entity. Additionally, these same three entities each sold 156,362 shares at $75.34, amounting to approximately $11.78 million for each.
While insider selling can be attributed to various factors such as portfolio diversification or personal financial planning, the coordinated nature and significant volume of these transactions may draw investor attention.