Sabre (SABR) product chief gets RSU shares and surrenders stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sabre Corp President, Product/Engineering Garry R. Wiseman reported equity compensation and related tax withholding in company stock. On May 15, 2026 he acquired 484,848 common shares from vested performance-based restricted share units and 64,655 additional restricted share units as a new grant. In connection with the vesting of various 2023–2025 grants, a total of 108,272 shares were automatically surrendered to the issuer at $1.595 per share to satisfy tax withholding obligations rather than being sold on the open market. The new restricted share units vest 50% on May 15, 2027 and 50% on May 15, 2028, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Wiseman Garry R
Role
President, Product/Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 24,580 | $1.595 | $39K |
| Tax Withholding | Common Stock | 29,981 | $1.595 | $48K |
| Tax Withholding | Common Stock | 28,269 | $1.595 | $45K |
| Grant/Award | Common Stock | 64,655 | $0.00 | -- |
| Tax Withholding | Common Stock | 25,442 | $1.595 | $41K |
| Grant/Award | Common Stock | 484,848 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 736,328 shares (Direct, null)
Footnotes (1)
- This transaction represents the automatic surrender of shares to the issuer upon vesting of restricted shares units granted on May 15, 2024 to satisfy the reporting person's tax withholding obligations. This transaction represents the automatic surrender of shares to the issuer upon vesting of restricted shares units granted on May 15, 2025 to satisfy the reporting person's tax withholding obligations. This transaction represents the automatic surrender of shares to the issuer upon vesting of restricted shares units granted on May 15, 2023 to satisfy the reporting person's tax withholding obligations. Represents performance-based restricted share units that have vested and are paid out in shares of common stock from a grant dated May 15, 2023. This transaction represents the automatic surrender of shares to the issuer upon vesting of performance-based restricted shares units granted on May 15, 2023 to satisfy the reporting person's tax withholding obligations. The reporting person received a grant of restricted share units on the transaction date. The restricted share units award vests as follows: 50% on the first anniversary of the date of grant (5/15/27) and 50% on the second anniversary of the date of grant (5/15/28), subject to the reporting person's continued employment with the Issuer through each vesting date.
Key Figures
Performance RSUs vested: 484,848 shares
New RSU grant: 64,655 units
Shares for tax withholding: 108,272 shares
+2 more
5 metrics
Performance RSUs vested
484,848 shares
Common stock from performance-based restricted share units vested on May 15, 2026
New RSU grant
64,655 units
Restricted share units granted on May 15, 2026
Shares for tax withholding
108,272 shares
Automatic surrenders across four transactions to satisfy tax obligations
Tax withholding price
$1.595 per share
Price used for automatic share surrenders on May 15, 2026
RSU vesting dates
May 15, 2027 and May 15, 2028
New RSU award vests 50% on each date, subject to continued employment
Key Terms
restricted share units, performance-based restricted share units, tax withholding obligations, automatic surrender of shares
4 terms
tax withholding obligations financial
"to satisfy the reporting person's tax withholding obligations."
FAQ
What insider transactions did Sabre (SABR) report for Garry Wiseman?
Sabre reported that President, Product/Engineering Garry R. Wiseman received common stock through vesting of performance-based restricted share units and a new restricted share unit grant, with additional shares automatically surrendered back to the company to cover tax withholding obligations.
Were any of Garry Wiseman’s Sabre (SABR) transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 shows share acquisitions from restricted share unit vesting and a new grant, and dispositions solely through automatic share surrenders to Sabre to cover tax withholding obligations, not market trades.
What is the vesting schedule of Garry Wiseman’s new Sabre (SABR) RSU grant?
The new restricted share unit award vests in two equal installments: 50% on May 15, 2027 and 50% on May 15, 2028, provided Garry Wiseman remains employed by Sabre through each vesting date, according to the footnote description.