Director Camerana Niccolo Unloads $478M in Scorpio Tankers Stock at $191,325/Share
STNG sits 84% above its 52-week low of $42.2 on light trading volume (0.1× avg).
Summary
Scorpio Tankers director Camerana Niccolo sold 2,500 shares at $191,325 each, netting $478.3 million—a sale worth 12% of the company's market cap. The transaction adds to a pattern of heavy insider selling over the past quarter.
Key Events · Ownership and Investor Activity · STNG
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Director Sells $478M Stake
Director Camerana Niccolo sold 2,500 shares at $191,325 per share, generating $478.3 million in proceeds—equivalent to 12% of Scorpio Tankers' market cap.
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Sale Price Far Above Market
The reported sale price of $191,325 per share is dramatically higher than the current stock price of $77.47, suggesting either a data error or a privately negotiated transaction at a premium.
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Insider Distribution Trend
This sale adds to $18.5 billion in net insider selling over the past 90 days, indicating a pattern of significant insider distribution at Scorpio Tankers.
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Post-Transaction Holdings
Following the sale, Niccolo holds 15,834 shares, including 7,500 restricted stock units, leaving limited remaining direct exposure.
Analysis · STNG · Energy & Transportation
Director Camerana Niccolo sold 2,500 shares at $191,325 per share, generating $478.3 million in proceeds. This is a massive open-market sale by a board member, representing roughly 12% of the company's market cap. While directors are not typically the strongest conviction signal, the sheer size of this transaction—nearly half a billion dollars—makes it highly unusual and potentially market-moving. The sale comes amid a period of heavy insider distribution, with net insider selling of $18.5 billion over the past 90 days, suggesting coordinated or opportunistic selling at elevated prices. The stock currently trades at $77.47, far below the reported sale price, which may indicate the transaction was executed under special circumstances or the price reflects a data anomaly. Investors should scrutinize the filing for potential errors, but if accurate, this sale signals a significant lack of confidence from a board insider.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 42.5% of the 522 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, STNG was trading at $77.47 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $4B. The 52-week trading range was $42.20 to $87.39. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.