Short answer
International Seaways, Inc. (INSW) filed an 8-K current report with the SEC on June 12, 2026 reporting Item 5.07 (Submission of Matters to a Vote of Security Holders), Item 5.02 (Departure/Election of Directors or Officers). Retroactive 2026 base salaries: Zabrocky $850,000, Pribor $675,000, Small $600,000, Oshodi $333,000.
International Seaways, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or 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
- 2026 equity targets increased to 400% for CEO, 200% for CFO, and 150% for General Counsel
- Commercial and technical officers receive 175% equity targets; Controller remains at 75%
- Board compensation increased to $190,000 cash for Chair, plus restricted stock grants of $235,000 and $150,000 for directors
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
- Ernst & Young ratified for 2026 with 44,668,718 votes for and 80,452 against
- 2025 named executive officer compensation approved overwhelmingly, with 41,218,025 votes for and 476,858 against
- Second Amended and Restated Rights Agreement approved narrowly, 27,238,846 for versus 14,456,177 against
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other International Seaways, Inc. 8-K filings
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