The estimated Net Worth of Derek G. Solon is at least $3.83 million dollars as of 24 May 2024. Mr. Solon owns over 1,000 units of International Seaways Inc stock worth over $2,282,773 and over the last 7 years he sold INSW stock worth over $500,440. In addition, he makes $1,045,140 as Vice President and Chief Commercial Officer at International Seaways Inc.
Derek has made over 7 trades of the International Seaways Inc stock since 2022, according to the Form 4 filled with the SEC. Most recently he sold 1,000 units of INSW stock worth $64,900 on 24 May 2024.
The largest trade he's ever made was exercising 38,609 units of International Seaways Inc stock on 24 August 2022 worth over $735,888. On average, Derek trades about 1,366 units every 16 days since 2017. As of 24 May 2024 he still owns at least 47,887 units of International Seaways Inc stock.
You can see the complete history of Mr. Solon stock trades at the bottom of the page.
Derek G. Solon serves as Vice President and Chief Commercial Officer of the Company. Mr Solon was Vice President, Commercial for OSG’s International Flag Strategic Business Unit. Prior to assuming that role he served as Vice President, Sale & Purchase since 2012. Before joining OSG, Mr. Solon was a Marine Projects Broker at Poten & Partners in New York from 2003 to 2012. Prior to joining the commercial shipping industry, Mr. Solon served as an officer in the United States Navy since 1998.
As the Vice President and Chief Commercial Officer of International Seaways Inc, the total compensation of Derek Solon at International Seaways Inc is $1,045,140. There are 6 executives at International Seaways Inc getting paid more, with Lois Zabrocky having the highest compensation of $2,815,920.
Derek Solon is 43, he's been the Vice President and Chief Commercial Officer of International Seaways Inc since 2016. There are 16 older and 3 younger executives at International Seaways Inc. The oldest executive at International Seaways Inc is Randee Day, 72, who is the Independent Director.
Derek's mailing address filed with the SEC is 600 Third Avenue 39th Floor, New York, NY 10016, United States.
Over the last 8 years, insiders at International Seaways Inc have traded over $90,523,552 worth of International Seaways Inc stock and bought 594,806 units worth $11,548,600 . The most active insiders traders include & Co. Inc. Paulson, Capital Partners, L.P.Freid... et Capital Management, Llc Blu.... On average, International Seaways Inc executives and independent directors trade stock every 16 days with the average trade being worth of $1,351,111. The most recent stock trade was executed by William F. Nugent on 30 August 2024, trading 1,000 units of INSW stock currently worth $51,190.
international seaways, inc. (nyse: insw) is engaged in the ownership and operation of crude, product, and chemical tankers around the world. international seaways commenced operations through its predecessor company in 2016 and currently owns and operates a fleet of 77 vessels. international seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency. the company stands on a solid financial foundation ready to support the business and provide for agile opportunity seeking and well-timed growth. international seaways provides shipping services to customers through voyage charters, commercial pools and time charters. it works closely with all stakeholders to understand their needs and strives to exceed their expectations. the company enjoys close long term working relationships with its key commercial and technical management partners, and views the continued development of these relationships as c
International Seaways Inc executives and other stock owners filed with the SEC include: