Sabre Corp (SABR) PAO Scott Hortenstine reports 124,366 shares in Form 3 filing
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Sabre Corp reported the initial holdings of Principal Accounting Officer Scott Hortenstine on a Form 3. He directly holds 124,366 shares of common stock. This total includes several restricted stock unit (RSU) awards that vest between May 2027 and May 2028, contingent on his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hortenstine Scott
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 124,366 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Direct common shares held: 124,366 shares
2024 RSU grant vesting 2027: 12,619 units
2025 RSU grant first tranche: 11,429 units
+4 more
7 metrics
Direct common shares held
124,366 shares
Total common stock following reported holdings
2024 RSU grant vesting 2027
12,619 units
RSUs vesting on May 15, 2027
2025 RSU grant first tranche
11,429 units
RSUs vesting on May 15, 2027
2025 RSU grant second tranche
11,429 units
RSUs vesting on May 15, 2028
2026 RSU grant total
88,889 units
RSUs granted on May 15, 2026
2026 RSU 2027 vesting portion
44,444 units
RSUs vesting on May 15, 2027
2026 RSU 2028 vesting portion
44,445 units
RSUs vesting on May 15, 2028
Key Terms
restricted stock units awards, vesting, continued employment, Principal Accounting Officer
4 terms
restricted stock units awards financial
"Includes a grant of restricted stock units awards on May 15, 2024"
vesting financial
"12,619 will vest on May 15, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued employment financial
"Vesting of the three awards is subject to the Reporting Person's continued employment"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
Principal Accounting Officer financial
"officer_title": "Principal Accounting Officer""
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
FAQ
What does Sabre Corp (SABR) disclose in Scott Hortenstine’s Form 3?
Sabre Corp’s Form 3 shows Principal Accounting Officer Scott Hortenstine directly holding 124,366 common shares. This initial statement of beneficial ownership also notes that a significant portion consists of restricted stock units scheduled to vest in 2027 and 2028, subject to continued employment.
What restricted stock units are included in Scott Hortenstine’s Sabre (SABR) holdings?
Hortenstine’s holdings include RSU grants from May 2024, May 2025, and May 2026. These awards cover specific share amounts and are scheduled to vest on May 15, 2027 and May 15, 2028, provided he continues his employment with Sabre Corp through each vesting date.
When do Scott Hortenstine’s Sabre Corp (SABR) RSUs vest?
The RSU awards vest in tranches on May 15, 2027 and May 15, 2028. Portions of the 2024, 2025, and 2026 grants are tied to those dates, and vesting is contingent on Hortenstine’s continued employment with Sabre Corp through each applicable vesting date.