Talos Energy (TALO) officer has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TALOS ENERGY INC. officer Gregory Babcock reported a routine tax-related share disposition. On this Form 4, 4,368 shares of common stock were withheld at $12.94 per share to cover tax obligations triggered by the vesting of previously granted restricted stock units under the company’s long-term incentive plan. After this withholding, Babcock directly holds 150,927 shares of Talos Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Babcock Gregory
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,368 | $12.94 | $57K |
Holdings After Transaction:
Common Stock — 150,927 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TALOS ENERGY INC. (TALO) report for Gregory Babcock?
TALOS ENERGY reported that officer Gregory Babcock had 4,368 common shares withheld to cover tax obligations. The withholding was tied to the vesting of previously granted restricted stock units, rather than an open-market sale of shares.
What triggered the tax-withholding disposition reported for TALOS ENERGY (TALO)?
The disposition was triggered by the vesting of previously granted restricted stock units. When these RSUs vested under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan, shares were withheld to satisfy associated tax withholding obligations.