---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-041552"
form_type: "8-K"
ticker: "INSW"
cik: "0001679049"
company_name: "International Seaways, Inc."
filed_at: "2026-04-09T23:59:59+00:00"
generated_at: "2026-05-15T06:47:52.029651+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# International Seaways amends poison pill: purchase price to $95, expiry extended to 2029

## Summary
- Second Amended & Restated Rights Agreement extends Final Expiration Date from April 10, 2026 to April 8, 2029.
- Purchase Price increased from $50 to $95 per share; 20% beneficial ownership threshold unchanged.
- Famatown Finance Limited holds ~15.8% of INSW common stock as of filing date.
- Board acted in response to rapid stock accumulation by Famatown, an affiliate of a company competitor.
- Qualifying offer exception preserved: fully financed tender/open offer for all shares held open 90 business days.

## SEC filing metadata
- accession: 0001104659-26-041552
- form_type: 8-K
- ticker: INSW
- cik: 0001679049
- company_name: International Seaways, Inc.
- filed_at: 2026-04-09T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679049/000110465926041552/0001104659-26-041552-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679049/000110465926041552/tm2611306d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-041552
- JSON: https://secwatch.observer/filing/0001104659-26-041552.json
- Plain text: https://secwatch.observer/filing/0001104659-26-041552.txt

## Source-grounded claims
- claim_id: 2231588fa928a8b0563db427e9cc49e5455af41e
  claim: International Seaways, Inc. amended Second A&R Rights Agreement with Computershare Trust Company, N.A. (effective 2026-04-09).
  evidence_excerpt: On April 9, 2026, International Seaways, Inc. (the “Company”) amended and restated the Amended and Restated Rights Agreement, dated as of April 11, 2023, by and between the Company and Computershare Trust Company, N.A., as rights agent, to extend the “Final Expiration Date” to April 8, 2029 and increase the “Purchase Price” from $50 to $95.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679049/000110465926041552/0001104659-26-041552-index.htm

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