Wednesday, July 22, 2020

Scorpio Tankers Executive Share Ownership

Since its IPO in 2010, Scorpio Tankers (STNG) has awarded its management team with generous stock grands on an annual basis, to align their interests with that of shareholders.

However, STNG top executives have been active sellers of their share awards as they become vested, in effect negating the company's policy.

The number of fully vested or "free" shares owned by each of the two top STNG executives is lower today than it was five years ago.

This article, including the information contained herein, is the intellectual property of Lambros Papaeconomou and NYFEX Research and it may not be copied, reproduced, republished, or posted in whole or in part, in any form, without prior written consent.

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