Multiple 10% owners of International Seaways, Inc. (INSW) have recently engaged in significant share sales. Between October 14th and October 28th, 2026, six insiders, including Greenwich Holdings Ltd., C.K. Ltd., and Famatown Finance Ltd., divested a combined total of approximately $60.78 million worth of INSW stock. The transactions occurred at prices ranging from $121.55 to $125.05 per share.
These sales were executed in multiple tranches, with notable transactions on October 14th where each of the three entities sold 64,821 shares at $125.05, totaling over $24.3 million. Earlier, on October 28th, each entity sold 100,000 shares at $121.55, amounting to approximately $36.46 million.
While insider selling can stem from various personal financial decisions, such as diversification or tax planning, coordinated sales by multiple major shareholders may attract investor scrutiny. This activity follows a smaller sale by Lois K. Zabrocky on October 15th.