---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-044094"
form_type: "8-K"
ticker: "INSW"
cik: "0001679049"
company_name: "International Seaways, Inc."
filed_at: "2023-04-11T23:59:59+00:00"
generated_at: "2026-06-17T03:39:57.974190+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# International Seaways amends poison pill; raises trigger to 20%, extends to 2026

## Summary
- Amended and restated Rights Agreement increases Acquiring Person threshold from 17.5% to 20%.
- Final Expiration Date extended from May 7, 2023 to April 10, 2026.
- Purchase Price per Right increased from $25 to $50.
- Added qualifying offer provision with shareholder redemption feature for tender offers open 90+ business days.
- Original rights plan adopted May 2022 after competitor Famatown disclosed 16.19% stake.

## SEC filing metadata
- accession: 0001104659-23-044094
- form_type: 8-K
- ticker: INSW
- cik: 0001679049
- company_name: International Seaways, Inc.
- filed_at: 2023-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679049/000110465923044094/0001104659-23-044094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679049/000110465923044094/tm2312142d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-044094
- JSON: https://secwatch.observer/filing/0001104659-23-044094.json
- Plain text: https://secwatch.observer/filing/0001104659-23-044094.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.