Monitor whether the sale is actually executed on or after September 11. A completed sale of this size by a key insider could pressure the stock near term. Watch for any subsequent Form 4 filings confirming the transaction.
Price Chart
Executive Summary
Robert L. Bugbee, an Officer and Director of Scorpio Tankers Inc., filed a Form 144 notice of intent to sell 256,799 common shares with an estimated market value of $20.7 million. The proposed sale, scheduled for September 11, 2026, represents a significant insider disposition relative to the company's $4.1B market cap and may signal reduced insider conviction.
Key Facts
- Insider Robert L. Bugbee (Officer and Director) intends to sell 256,799 common shares.
- Estimated aggregate market value of the proposed sale is $20,705,703.
- Sale is planned for September 11, 2026, through Ameriprise Financial Services, LLC.
- Shares were acquired on April 11, 2024 as fully vested restricted stock under an equity incentive plan.
- The filing is an advance notice of intent to sell; actual sale may or may not occur.
Financial Impact
Proposed sale of $20.7M in STNG common stock, representing approximately 0.5% of market cap.
Risk Factors
- Insider selling may signal reduced confidence in near-term prospects.
- The sale is not yet executed; the insider may change plans, reducing the signal's reliability.
- Poor historical model performance on STNG (30% win rate, -3% avg T+20) suggests caution in over-interpreting bearish signals.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001088226-26-000006 |
| Document: 0001088226-26-000006-index.html | 0001088226-26-000006 |
| Document: 0001088226-26-000006.txt | 0001088226-26-000006 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 28d ago | 144 | $82.12 $85.73 | ▼ −4.40% | ▼ −5.51% | $86.23 (−5.00%) |
Jun 18, 2026 15w ago | Press Release | $80.58 $75.46 | ▼ −6.35% | ▼ −4.69% | $86.23 (+7.01%) |
May 28, 2026 18w ago | 6-K | $74.51 $75.96 | ▲ +1.95% | ▲ +4.47% | $86.23 (+15.73%) |
May 27, 2026 18w ago | Press Release | $77.70 $75.04 | ▼ −3.42% | ▼ −4.63% | $86.23 (+10.98%) |
May 8, 2026 21w ago | Press Release | $84.41 $82.72 | ▼ −2.00% | ▼ −3.47% | $86.23 (+2.16%) |
May 5, 2026 21w ago | 6-K | $82.56 $83.51 | ▲ +1.15% | ▲ +0.02% | $86.23 (+4.45%) |
May 5, 2026 21w ago | Press Release | $86.62 $85.15 | ▼ −1.70% | ▼ −3.68% | $86.23 (−0.45%) |
Apr 21, 2026 23w ago | 6-K | $75.97 $82.08 | ▲ +8.04% | ▲ +7.98% | $86.23 (+13.51%) |
Apr 21, 2026 23w ago | 6-K | $75.97 $82.08 | ▲ +8.04% | ▲ +7.98% | $86.23 (+13.51%) |
Apr 10, 2026 25w ago | Press Release | $76.45 $76.89 | ▲ +0.58% | ▼ −2.72% | $86.23 (+12.79%) |
US Market Status
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