Derek G. Solon
Net Worth

Last updated:

What is Derek G. Solon net worth?

The estimated net worth of Mr. Derek G. Solon is at least $4,433,838 as of 27 Nov 2024. He owns shares worth $1,890,629 as insider, has earned $552,259 from insider trading and has received compensation worth at least $1,990,950 in International Seaways, Inc..

What is the salary of Derek G. Solon?

Mr. Derek G. Solon salary is $663,650 per year as Senior Vice President & Chief Commercial Officer in International Seaways, Inc..

How old is Derek G. Solon?

Mr. Derek G. Solon is 49 years old, born in 1976.

What stocks does Derek G. Solon currently own?

As insider, Mr. Derek G. Solon owns shares in one company:

Company Title Shares Price per share Total value
International Seaways, Inc. (INSW) Senior Vice President & Chief Commercial Officer 45,687 $41.38 $1,890,629

What does International Seaways, Inc. do?

International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments, Crude Tankers and Product Carriers. As of December 31, 2021, the company owned and operated a fleet of 83 vessels, which include 12 chartered-in vessels, as well as had ownership interests in two floating storage and offloading service vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.

Derek G. Solon insider trading

International Seaways, Inc.

Mr. Derek G. Solon has made 6 insider trades between 2022-2024, according to the Form 4 filled with the SEC. Most recently he sold 1,200 units of INSW stock worth $46,692 on 27 Nov 2024.

The largest trade he's ever made was exercising 12,515 units of INSW stock on 24 Aug 2022. As of 27 Nov 2024 he still owns at least 45,687 units of INSW stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock, no par value per share 1,200 $38.91 $46,692
Sale
Common Stock, no par value per share 1,000 $49.75 $49,750
Sale
Common Stock, no par value per share 1,000 $64.9 $64,900
Sale
Common Stock, no par value per share 1,500 $62.92 $94,380
Option
Common Stock, no par value per share 4,662 $21.58 $100,606
Option
Stock Option (Right to Buy) 4,662 $21.58 $100,606
Sale
Common Stock, no par value per share 1,500 $49.36 $74,037
Sale
Common Stock, no par value per share 5,000 $44.5 $222,500
Option
Common Stock, no par value per share 7,346 $21.93 $161,098
Option
Common Stock, no par value per share 12,262 $17.46 $214,095
Option
Common Stock, no par value per share 6,486 $22.42 $145,416
Option
Common Stock, no par value per share 12,515 $17.21 $215,383
Option
Stock Option (Right to Buy) 7,346 $21.93 $161,098
Option
Stock Option (Right to Buy) 12,515 $17.21 $215,383

International Seaways key executives

International Seaways, Inc. executives and other stock owners filed with the SEC: