INSW at a glance
International Seaways, Inc. (INSW, SEC CIK 1679049) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 10, 2026, an 8-K current report on August 10, 2026 and Form 4 insider filings as recently as September 16, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), International Seaways, Inc. (INSW) reported revenue of $843.3 million (down 11.4% from FY2024) and net income of $309.3 million. Diluted EPS was $6.23.
- As of June 30, 2026, 29 institutional investment managers tracked by SignalX reported holding International Seaways, Inc. (INSW) shares worth $1.9 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Zabrocky Lois K on September 15, 2026 of 2,000 shares at $108.01 per share.
- In the last 90 days, INSW insiders reported 0 open-market purchases ($0) and 4 open-market sales ($676K) on Form 4, a net sale of $676K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $843.3M
- −11.4% vs prior year
- Insiders · 90 days
- 0 buys · 4 sells
- Net −$676K
- 13F holders
- 29 funds
- $1.9B · +0 vs prior quarter
- Latest 8-K
- Aug 10, 2026
- Item 7.01 · Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: ownership and operation of 70 oceangoing crude oil and petroleum product vessels under International Flag
- New emphasis on 4 dual-fuel ready LR1 newbuilds contracted for 2026 delivery, increasing fleet to 74 vessels
- Strategic focus on balanced revenue from Crude Tankers (52%) and Product Carriers (48%) segments
- Shipping revenues $843.3M with TCE Revenues $819.6M in 2025, income from vessel operations decreased $109.8M YoY due to lower Product Carrier rates
Risk Factors
- Cybersecurity risk oversight by Governance Committee with quarterly updates on threats and incidents from CISO's risk register
- CISO with 30+ years maritime IT and cybersecurity experience managing cybersecurity risk program
- CEO and Chief Administrative Officer regularly review cybersecurity risks and emerging technology threats
- IT security team engaged in maritime and broader cybersecurity forums for threat intelligence sharing
- Board receives quarterly cybersecurity reports including third-party service provider risk assessments
Management Discussion & Analysis
- Total revenue (TCE) $819.6M in 2025, down 12% from $933.1M in 2024, driven by $112.4M rate decline in Product Carriers and fleet changes in VLCCs
- Operating margin (adjusted income from vessel operations / TCE revenue): Crude Tankers 50.4% in 2025 vs 48.4% in 2024; Product Carriers 36.2% in 2025 vs 53.7% in 2024
- Best segment: Crude Tankers with adjusted income $213.2M (down slightly from $211.7M in 2024); Worst segment: Product Carriers with adjusted income $143.4M, down 46% from $266.5M in 2024
- Operating cash flow impacted by financial costs: interest expense $42.7M decreased from $49.7M; Capex includes six VLCC purchases; fleet expanded to 74 vessels with 4 LR1 newbuilds in 2026; no specific buyback or dividend numbers disclosed
- Management warns of risks from geopolitical instability (Russia-Ukraine, Middle East conflicts), volatile oil demand, and sanctions; expects continued strong VLCC rates into 2026 but overall market rates showed mixed quarterly performance in 2025
AI summary of the INSW 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- TCE revenue $434.2M, up 130% YoY from $188.8M
- Income from vessel operations $301.3M vs $69.4M YoY
- Crude Tankers best segment: TCE revenue $253.4M, up 156% YoY
- Product Carriers weakest segment: TCE revenue declined $2.6M from prior year
- Near-term headwinds: historically high charter rates likely unsustainable, with higher bunker costs and war-risk insurance premiums
Risk Factors
- New insider-trading disclosure: CEO Zabrocky Plan permits sales of up to 24,000 shares from August 16, 2026 through August 15, 2027
- Compliance risk: Rule 10b5-1 plan sales require SEC disclosure under applicable securities laws, rules, and regulations
- Equity-market risk: CEO share sales could increase selling pressure on Common Stock
- Governance risk: CEO’s trading plan creates potential investor concerns regarding insider transactions
AI summary of the INSW 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Quarterly dividend of $5.05 per share declared for Q3 2026
- September 10, 2026 record date for eligible shareholders
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 earnings announced by International Seaways on August 10, 2026
- Financial results and management commentary available in Exhibit 99.1 press release
Item EX-99.1: Item EX-99.1
- Q2 net income $295M, or $5.91 diluted EPS, versus $62M and $1.25 in Q2 2025
- Adjusted EBITDA $345M and free cash flow $261M, supporting record shareholder distributions
Item 5.07: Submission of Matters to a Vote of Security Holders
- 90.43% shareholder participation, with 44,769,310 of 49,504,696 eligible shares represented
- All nine director nominees re-elected, preserving board continuity; Kristian K. Johansen received highest withhold votes at 2,225,774
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Retroactive 2026 base salaries: Zabrocky $850,000, Pribor $675,000, Small $600,000, Oshodi $333,000
- Solon and Nugent base salaries increased to $500,000, effective January 1, 2026
Item 1.01: Entry into a Material Definitive Agreement
- New ATM equity program authorizes up to $200 million in gross common-stock sales
- Potential dilution and shareholder overhang, though no shares sold or committed as of May 11, 2026
AI summaries of INSW 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for INSW
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Zabrocky Lois K | Sell | Sep 15, 2026 | 2,000 | $108.01 |
| Zabrocky Lois K | Sell | Aug 17, 2026 | 2,000 | $98.44 |
| Pribor Jeffrey | Sell | Jul 15, 2026 | 1,000 | $87.49 |
| Zabrocky Lois K | Sell | Jul 15, 2026 | 2,000 | $87.59 |
| Grillo Debra | D | Jul 2, 2026 | 904 | - |
| Grillo Debra | F | Jul 2, 2026 | 326 | - |
| Grillo Debra | J | Jul 2, 2026 | 904 | - |
| Zabrocky Lois K | Sell | Jun 15, 2026 | 2,000 | $81.34 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $951.6M | $843.3M |
| Operating Income | $615.4M | $455.2M | $345.4M |
| Net Income | $556.4M | $416.7M | $309.3M |
| Op. Margin | - | 47.8% | 41.0% |
| Net Margin | - | 43.8% | 36.7% |
| Balance Sheet | |||
| Total Assets | - | $2.6B | $2.7B |
| Equity | - | $1.9B | $2.0B |
| ROE | - | 22.5% | 15.3% |
| Per Share | |||
| EPS | $11.25 | $8.38 | $6.23 |
| Cash Flow | |||
| Operating CF | $688.4M | $547.1M | $380.1M |
| CapEx | - | $119.5M | $2.9M |
Source: XBRL data in International Seaways, Inc. (INSW)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate INSW share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 29 | $1.89B |
| Q1 2026 | 29 | $1.73B |
| Q4 2025 | 27 | $1.12B |
| Q3 2025 | 30 | $1.05B |
| Q2 2025 | 28 | $773.9M |
| Q1 2025 | 23 | $437.1M |
| Q4 2024 | 19 | $461.8M |
| Q3 2024 | 17 | $340.6M |
- BlackRock+328.9K (+5%)
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- Northern Trust+79.1K (+19%)
- Citadel Advisors LLC−181.2K (-71%)
- Millennium Management−78.5K (-81%)
- JPMorgan Chase & Co−36.6K (-23%)
- Raymond James Financial−4.9K (-16%)
- Bank of America Corp−2.7K (-2%)
- Mangrove Partners+4.6K
Source: 13F-HR filings on SEC EDGAR (aggregated from 202 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
INSW filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 16, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 10-Q | Aug 10, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 10, 2026 | - | Analysis | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 7, 2026 | - | - | - |
| 4 | Jun 17, 2026 | - | - | - |
| 4 | Jun 17, 2026 | - | - | - |
| 8-K | Jun 12, 2026 | - | Analysis | - |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 10, 2026 | - | - | |
| 4 | May 15, 2026 | - | - |
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INSW SEC filings: frequently asked questions
Are INSW insiders buying or selling?
In the last 90 days, International Seaways, Inc. (INSW) officers, directors and 10% owners reported no open-market purchases and 4 open-market sales worth $675,562 by 2 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold INSW stock?
As of June 30, 2026, the largest International Seaways, Inc. (INSW) holders among the 13F filers tracked by SignalX were BlackRock ($505.2 million), FMR LLC (Fidelity) ($378.8 million), Dimensional Fund Advisors ($235.2 million), Vanguard Portfolio Management LLC ($174.7 million), Vanguard Capital Management LLC ($160.2 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was INSW's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), International Seaways, Inc. (INSW) reported revenue of $843.3 million (down 11.4% from FY2024) and net income of $309.3 million. Diluted EPS was $6.23. The figures come from the XBRL data in the 10-K.
What are the main risks in INSW's latest 10-K?
In the 10-K filed February 26, 2026, International Seaways, Inc. (INSW) flagged: Cybersecurity risk oversight by Governance Committee with quarterly updates on threats and incidents from CISO's risk register. CISO with 30+ years maritime IT and cybersecurity experience managing cybersecurity risk program. (AI summary of the Risk Factors section.)
What did INSW report in its latest 8-K?
International Seaways, Inc. (INSW) filed an 8-K on August 10, 2026 reporting Item 7.01 (Regulation FD Disclosure) and Item 2.02 (Results of Operations and Financial Condition). Quarterly dividend of $5.05 per share declared for Q3 2026.
What are the latest INSW SEC filings?
International Seaways, Inc. (INSW) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 10, 2026, an 8-K current report on August 10, 2026 and a Form 4 insider filing on September 16, 2026.
What is INSW's SEC CIK number?
International Seaways, Inc. (INSW)'s SEC Central Index Key (CIK) is 1679049. EDGAR lists every INSW filing under that number.
Ask anything about INSW
The research agent reads INSW's filings, financials, insider trades and 13F holders, then answers with sources.