Last updated: 11 July 2024 at 5:09pm EST

Douglas Wheat Net Worth




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.

Mr. Wheat INSW stock SEC Form 4 insiders trading

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 Wheat biography

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.

What is the salary of Douglas Wheat?

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.



How old is Douglas Wheat?

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.

What's Douglas Wheat's mailing address?

Douglas's mailing address filed with the SEC is C/O OVERSEAS SHIPHOLDING GROUP, INC., 302 KNIGHTS RUN AVE, SUITE 1200, TAMPA, FL, 33602.

Insiders trading at International Seaways Inc

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.



What does International Seaways Inc do?

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



What does International Seaways Inc's logo look like?

International Seaways Inc logo

Complete history of Mr. Wheat stock trades at AMN Healthcare Services, International Seaways Inc, Overseas Shipholding, and Pyxus International

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
13 Jun 2024 Douglas D Wheat
Sale 4,532 $58.15 $263,536
13 Jun 2024
20,634
10 May 2024 Douglas D Wheat
Sale 5,000 $61.81 $309,050
10 May 2024
21,056
14 Mar 2024 Douglas D Wheat
Sale 3,846 $51.22 $196,992
14 Mar 2024
26,056
18 Aug 2023 Douglas D Wheat
Sale 8,000 $46.00 $368,000
18 Aug 2023
29,902
13 Mar 2023 Douglas D Wheat
Sale 13,000 $44.50 $578,500
13 Mar 2023
32,104
2 Mar 2023 Douglas D Wheat
Sale 17,400 $52.06 $905,844
2 Mar 2023
45,104
29 Aug 2022 Douglas D Wheat
Sale 20,000 $30.85 $617,000
29 Aug 2022
62,504
19 Apr 2024 Douglas D Wheat
Director
Option 1,681 $56.95 $95,733
19 Apr 2024
5,824
28 Feb 2024 Douglas D Wheat
Director
Buy 2,620 $56.87 $148,999
28 Feb 2024
4,143
21 Apr 2023 Douglas D Wheat
Director
Option 1,458 $88.77 $129,427
21 Apr 2023
1,523
7 Nov 2022 Douglas D Wheat
Director
Sale 4,900 $118.00 $578,200
7 Nov 2022
65
21 Apr 2022 Douglas D Wheat
Director
Option 2,139 $108.82 $232,766
21 Apr 2022
4,965
9 Jun 2021 Douglas D Wheat
Director
Sale 2,907 $96.00 $279,072
9 Jun 2021
2,826
21 Apr 2021 Douglas D Wheat
Director
Option 2,826 $77.09 $217,856
21 Apr 2021
5,733
17 Apr 2020 Douglas D Wheat
Director
Option 2,907 $56.15 $163,228
17 Apr 2020
2,907
19 Nov 2019 Douglas D Wheat
Director
Sale 5,518 $60.05 $331,356
19 Nov 2019
0
17 Apr 2019 Douglas D Wheat
Director
Option 2,153 $47.19 $101,600
17 Apr 2019
5,518
18 Apr 2018 Douglas D Wheat
Director
Option 3,365 $65.50 $220,408
18 Apr 2018
3,365
5 Dec 2017 Douglas D Wheat
Director
Sale 3,793 $50.23 $190,522
5 Dec 2017
0
18 Apr 2017 Douglas D Wheat
Director
Option 3,793 $40.40 $153,237
18 Apr 2017
3,793
21 Feb 2017 Douglas D Wheat
Director
Sale 5,532 $41.62 $230,242
21 Feb 2017
0
5 Sep 2023 Douglas D Wheat
Director
Sale 70,000 $4.27 $298,900
5 Sep 2023
201,433
16 Mar 2023 Douglas D Wheat
Director
Sale 143,000 $3.42 $489,060
16 Mar 2023
210,633
13 Mar 2023 Douglas D Wheat
Director
Sale 140,000 $3.51 $491,400
13 Mar 2023
353,633
11 Dec 2019 Douglas D Wheat
Director
Buy 50,000 $1.78 $89,000
11 Dec 2019
310,885
10 Jun 2019 Douglas D Wheat
Director
Buy 25,000 $1.66 $41,500
10 Jun 2019
260,885
13 Mar 2019 Douglas D Wheat
Director
Buy 50,000 $1.83 $91,500
13 Mar 2019
201,085
14 Nov 2018 Douglas D Wheat
Director
Buy 50,000 $2.00 $100,000
14 Nov 2018
151,085


International Seaways Inc executives and stock owners

International Seaways Inc executives and other stock owners filed with the SEC include: