Scorpio Tankers Increases Equity Plan Share Reserve
Ticker: STNG · Form: 6-K · Filed: Sep 26, 2025 · CIK: 1483934
| Field | Detail |
|---|---|
| Company | Scorpio Tankers Inc. (STNG) |
| Form Type | 6-K |
| Filed Date | Sep 26, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-incentive-plan, share-increase, board-resolution
TL;DR
Scorpio Tankers just added 748k shares to its equity plan, signaling potential future stock grants.
AI Summary
On September 21, 2025, Scorpio Tankers Inc.'s Board of Directors approved an increase in the shares reserved for issuance under its 2013 Equity Incentive Plan by 748,000 shares of Common Stock. This action makes a total of 748,000 shares available for issuance under the plan.
Why It Matters
This move allows Scorpio Tankers to grant more stock-based compensation, potentially incentivizing employees and management.
Risk Assessment
Risk Level: low — The filing is a routine administrative update regarding share reserves for an existing equity plan.
Key Numbers
- 748,000 — Additional Shares (Reserved for issuance under the 2013 Equity Incentive Plan)
Key Players & Entities
- Scorpio Tankers Inc. (company) — Registrant
- 748,000 (dollar_amount) — Increase in shares reserved for equity plan
- September 21, 2025 (date) — Date of Board Resolution
- 2013 Equity Incentive Plan (plan) — Company's equity incentive plan
FAQ
What was the specific date the Board of Directors made the resolution?
The Board of Directors resolved to increase the share reserve on September 21, 2025.
How many additional shares were approved for the equity plan?
An additional 748,000 shares of Common Stock were approved.
What is the name of the equity plan mentioned in the filing?
The plan is referred to as the Company's Amended and Restated 2013 Equity Incentive Plan.
What is the par value of the Common Stock mentioned?
The par value of the Common Stock is $0.01 per share.
What is the total number of shares available for issuance under the plan after this increase?
The filing states that an aggregate of 748,000 shares of Common Stock are available for issuance under the plan after the increase.
Filing Stats: 265 words · 1 min read · ~1 pages · Grade level 11.2 · Accepted 2025-09-26 16:25:05
Key Financial Figures
- $0.01 — er of shares of Common Stock, par value $0.01 per share (the "Common Stock") of the C
Filing Documents
- stng6k-09262025.htm (6-K) — 11KB
- 0001483934-25-000066.txt ( ) — 12KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SCORPIO TANKERS INC. (registrant) Dated September 26, 2025 By s Christopher Avella Christopher Avella Chief Financial Officer