Scorpio Tankers CEO Emanuele Lauro Sells $21.8 Million Of Stock At $92.88 A Share
Lauro sold 234,637 shares on Friday and still holds 913,162 in his direct line, most of them unvested.
Scorpio Tankers CEO Emanuele Lauro sold 234,637 shares of the company's stock on Friday at an average $92.88, a deal valued at $21.8 million, according to a Form 4 (the report insiders file after trading) filed Monday.
What Lauro sold and what he kept
The open-market sale left 913,162 shares in Lauro's direct holding, worth about $80.5 million at $88.16 in Monday trading. He reported 1,147,799 shares before the sale, so he sold 20.44% of that stake and 79.56% remains.
A footnote says every share sold had vested under the company's 2013 Equity Incentive Plan. Of the shares he still holds, 873,162 are unvested, the footnote says.
No earlier Form 4 sale by Lauro appears in the window that starts August 4.
A tanker owner up 82% this year
Scorpio Tankers provides seaborne transportation of refined petroleum products, using ships that carry fuels and similar cargoes. As of March 19, 2026, its fleet was 90 wholly owned product tankers, and 72 of them operated in one of the Scorpio pools. Its principal executive offices are in Monaco.
The stock is up 82% this year as of Friday's close.
TradeWinds reported that Lauro's brother also seeks to sell a smaller number of common shares.
Lauro's unvested 873,162 shares make up most of the 913,162 he still holds directly.
Sources
- Form 4 — Emanuele Lauro (STNG) — SEC EDGAR
- Scorpio Tankers boss Lauro files to sell $22.3m in stock — tradewindsnews.com