Scorpio Tankers (STNG) CEO Emanuele Lauro reports 907,304-share equity stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Scorpio Tankers Inc. director and Chief Executive Officer Emanuele Lauro reported his existing ownership of common shares. The filing shows he directly holds 907,304 common shares, including 867,304 shares awarded under the company’s 2013 Equity Incentive Plan that are currently unvested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lauro Emanuele
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 907,304 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does Emanuele Lauro’s Form 3 for Scorpio Tankers (STNG) disclose?
The Form 3 discloses Emanuele Lauro’s existing ownership in Scorpio Tankers. It reports 907,304 common shares held directly, including 867,304 unvested shares awarded under the company’s 2013 Equity Incentive Plan, providing a baseline of his equity stake as an insider.
What is the significance of the 2013 Equity Incentive Plan in Lauro’s Scorpio Tankers (STNG) holdings?
The 2013 Equity Incentive Plan accounts for 867,304 of Lauro’s reported 907,304 shares. These unvested awards indicate a large portion of his stake is tied to incentive-based compensation, aligning his interests with company performance through equity rather than only cash pay.