The estimated Net Worth of Douglas D Wheat is at least $7.5 Million dollars as of 13 June 2024. Mr. Wheat owns over 4,532 units of International Seaways Inc stock worth over $983,623 and over the last 18 years he sold INSW stock worth over $6,127,674. In addition, he makes $392,000 as Independent Chairman of the Board at International Seaways Inc.
Douglas has made over 28 trades of the International Seaways Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 4,532 units of INSW stock worth $263,536 on 13 June 2024.
The largest trade he's ever made was selling 143,000 units of International Seaways Inc stock on 16 March 2023 worth over $489,060. On average, Douglas trades about 10,084 units every 42 days since 2006. As of 13 June 2024 he still owns at least 20,634 units of International Seaways Inc stock.
You can see the complete history of Mr. Wheat stock trades at the bottom of the page.
Douglas D. (Doug) Wheat J.D. is Independent Chairman of the Board of the Company. He has served as Chairman of the Board of the Company since November 30, 2016. He is currently the Managing Partner of Wheat Investments, a private investment firm. From 2007 to 2016, he was the founding and Managing Partner of the private equity company Southlake Equity Group. From 1992 until 2006, Mr. Wheat was President of Haas Wheat & Partners (“Haas Wheat”). Prior to the formation of Haas Wheat, Mr. Wheat was a founding member of the merchant banking group at Donaldson, Lufkin & Jenrette where he specialized in leveraged buyout financing. From 1974 to 1984, Mr. Wheat practiced corporate and securities law in Dallas, Texas. Mr. Wheat is currently the Chairman of the Board of Directors of Overseas Shipholding Group, Inc. (“OSG”) (the former parent corporation of the Company – ticker: “OSG”) and is also the Chairman of the board of directors of AMN Healthcare Services, Inc. (“AMN”) (ticker: “AMN”). He has been a director of AMN since 1999, becoming Chairman in 2007. He previously served as Vice Chairman of Dex Media, Inc. and served as Chairman of SuperMedia prior to its merger with Dex One. Mr. Wheat has also previously served as a member of the board of directors of several other companies including among others: Playtex Products (of which he also served as Chairman); Dr. Pepper/Seven-Up Companies, Inc.; Dr. Pepper Bottling of the Southwest, Inc.; Walls Industries, Inc.; Alliance Imaging, Inc.; Thermadyne Industries, Inc.; Sybron International Corporation; Nebraska Book Corporation; ALC Communications Corporation; Mother’s Cookies, Inc.; and Stella Cheese Company. Mr. Wheat received both his Juris Doctor and Bachelor of Science degrees from the University of Kansas. Mr. Wheat’s finance and legal expertise and experience serving on numerous boards of directors make him a valuable asset to the Board.
As the Independent Chairman of the Board of International Seaways Inc, the total compensation of Douglas Wheat at International Seaways Inc is $392,000. There are 12 executives at International Seaways Inc getting paid more, with Lois Zabrocky having the highest compensation of $2,815,920.
Douglas Wheat is 69, he's been the Independent Chairman of the Board of International Seaways Inc since 2016. There are 1 older and 18 younger executives at International Seaways Inc. The oldest executive at International Seaways Inc is Randee Day, 72, who is the Independent Director.
Douglas's mailing address filed with the SEC is C/O OVERSEAS SHIPHOLDING GROUP, INC., 302 KNIGHTS RUN AVE, SUITE 1200, TAMPA, FL, 33602.
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..., and 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: