International Seaways, Inc. has recently released its 10-K report, providing a comprehensive overview of its operations and financial performance. The company owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments: Crude Tankers and Product Carriers, with a fleet of 78 vessels including VLCCs, Suezmaxes, Aframaxes, MRs, LR1, and LR2 product carriers. International Seaways serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities.
In ITEM 12 of the 10-K report, International Seaways provides information as of December 31, 2025, regarding the Company’s equity compensation plans, which have been approved by the Company’s shareholders. The table includes details such as the number of securities to be issued upon the exercise of outstanding options, warrants, and rights, the weighted-average exercise price of outstanding options, warrants, and rights, and the number of securities remaining available for future issuance under equity compensation plans. The report also refers to Note 11, “Capital Stock and Stock Compensation,” for a description of the material features of the Company’s equity compensation plans and a description of shares withheld in connection with the vesting of previously-granted equity awards. Following these announcements, the company's shares moved 1.06%, and are now trading at a price of $56.37. Check out the company's full 10-K submission here.
