Famatown Finance reported an International Seaways share sale

What did Famatown Finance file?

The SEC Form 4 reports that Famatown Finance Ltd sold 100,000 International Seaways, Inc. (INSW) shares in the open market at $114.97 each, about $11.5M in total. Famatown Finance Ltd is identified as a 10% owner.

The transaction date was Oct 5, 2026, and the filing date was Oct 16, 2026, 11 days later. The filing states that the shares were held indirectly. The International Seaways, Inc. OQRO page collects related public filing context.

How does the sale fit the timing?

The transaction came 56 days after the company’s results announcement on Aug 10, 2026, recorded under 8-K Item 2.02. Of the 19 open-market sales OQRO holds for insiders of International Seaways, Inc. in the 455 days to Oct 16, 2026, 6 were made within 30 days after a results announcement. OQRO counts each person and day once.

As general background, many companies let insiders trade only in a window that opens after results. A sale can also follow an option exercise, a tax bill or a pre-arranged plan. The Form 4 does not state which, if any, applies here.

How does this compare with other reported sales?

In the 365 days to Oct 16, 2026, OQRO holds 13 other open-market sales by Famatown Finance Ltd, about $95.8M in total, all 13 at International Seaways, Inc.

At International Seaways, Inc., OQRO holds 13 other open-market sales, about $95.8M, by 1 insider, filed in the 90 days to Oct 16, 2026. In the 365 days before that, 7 sales were filed, about $645K, an average of 1.7 per 90 days. These comparisons use only filings OQRO holds.

What else was on record around the filing?

Famatown Finance Limited disclosed a 13.5% stake in INSW in a Schedule 13D and 13G filing on Oct 8, 2026. Fund 13F filings recorded in the 90 days to Oct 16, 2026 show 0 new or larger positions and 1 smaller or closed position in International Seaways, Inc.

In 13F filings for the quarter ended Jun 30, 2026, the largest positions that grew included a new position from LSV Asset Management and an increased position of 3,100 shares from Omers Administration Corp. The largest positions that shrank included National Philanthropic Trust and Asset Management One Co., Ltd., both sold out. A 13F is a quarter-end snapshot with no trade date.

FINRA short interest for INSW on the settlement date of Sep 30, 2026 was 2,933,532 shares, +7.17% on the previous report, or about 3.56 days of average volume.

What was reported in the press and in the share price?

Finnhub listed the headline “International Seaways Reports Preliminary Q3 Net Income, Revenue; Plans Acquisition of Bruton”, published by Yahoo on Oct 16, 2026. It also listed “International Seaways Expands Global Tanker Fleet With Bruton Acquisition”, published by Benzinga on Oct 16, 2026, and “International Seaways Expands VLCC Fleet Through Strategic Combination with Bruton Limited.”, published by Yahoo on Oct 16, 2026. OQRO lists these headlines as published by the outlets and does not summarize the articles.

INSW closed at $116.60 on Oct 5, 2026, the last session on or before the transaction date. From Sep 8, 2026 to Oct 5, 2026, the close moved from $103.81 to $116.60, a change of +12.3%. From Oct 5, 2026 to Oct 15, 2026, the close moved from $116.60 to $113.11, a change of −3.0%. These price moves are context only; the filing does not explain them, and other news can move a price.

What this does not tell you?

A Form 4 reports a transaction but does not say why it was made. Some purchases and sales follow trading windows or pre-arranged plans, and OQRO notes a plan only when a footnote of the filing says so. The filing does not establish whether any of these circumstances applied to this sale.

The reported price movements do not explain the transaction, and other news can move a price. Comparisons use only the filings OQRO holds. This describes public filings and is not investment advice.