{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-058763","form_type":"8-K","ticker":"INSW","cik":"0001679049","company_name":"International Seaways, Inc.","filed_at":"2026-05-11T21:25:04+00:00","discovered_at":"2026-05-11T21:26:00.268957+00:00","generated_at":"2026-05-11T21:26:42.998949+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"International Seaways enters $200M ATM equity program, terminates prior $100M facility","bullets":["New Equity Distribution Agreement with BTIG, B. Riley, Clarksons, Fearnleys to sell up to $200M of common stock.","Sales agents receive up to 3.0% commission on shares sold; Company has no obligation to sell any shares.","Prior $100M ATM program with Evercore and Jefferies terminated; no shares were ever sold under that program.","Proceeds from any future sales will be used for general corporate purposes as described in the prospectus supplement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-058763","json":"https://secwatch.observer/filing/0001104659-26-058763.json","markdown":"https://secwatch.observer/filing/0001104659-26-058763.md","text":"https://secwatch.observer/filing/0001104659-26-058763.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679049/000110465926058763/0001104659-26-058763-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679049/000110465926058763/tm2614029d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T21:26:42.998949+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"26dca7c495cccbd025b2f977c0613247de5b4e4a","claim":"International Seaways, Inc. entered into Distribution Agreement with BTIG, LLC, B. Riley Securities, Inc., Clarksons Securities, Inc. and Fearnleys Securities, Inc. valued at up to $200,000,000 (effective 2026-05-11).","evidence_excerpt":"On May 11, 2026, International Seaways, Inc. (the “ Company ”) entered into an Equity Distribution Agreement (the “ Distribution Agreement ”) with BTIG, LLC, B. Riley Securities, Inc., Clarksons Securities, Inc. and Fearnleys Securities, Inc. as sales agents (the “ Sales Agents ”), to issue and sell through or to the Sales Agents, from time to time, shares of its Common Stock, no par value (the “ Common Stock ”), in “at the market” offerings having an aggregate gross sales price of up to $200,000,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1679049/000110465926058763/0001104659-26-058763-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"BTIG, LLC, B. Riley Securities, Inc., Clarksons Securities, Inc. and Fearnleys Securities, Inc."},{"label":"Value","value":"up to $200,000,000"},{"label":"Effective","value":"2026-05-11"}],"fact_type":"material_agreement"},{"claim_id":"ca62a1b6a65cf19cbf850d3cfcb4cdbb96ac10df","claim":"International Seaways, Inc. terminated Prior Distribution Agreement with Evercore Group L.L.C. and Jefferies LLC valued at up to $100,000,000 (effective 2026-05-11).","evidence_excerpt":"In connection with entering into the Distribution Agreement, effective May 11, 2026, the Company terminated the equity distribution agreement dated December 20, 2023, with Evercore Group L.L.C. and Jefferies LLC (the “ Prior Distribution Agreement ”), relating to the “at the market” offerings of the shares of Common Stock having an aggregate gross sales price of up to $100,000,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1679049/000110465926058763/0001104659-26-058763-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"Evercore Group L.L.C. and Jefferies LLC"},{"label":"Value","value":"up to $100,000,000"},{"label":"Effective","value":"2026-05-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}