[Form 4] Sabre Corp Insider Trading Activity
Insider transaction at Sabre Corp (SABR): Executive Vice President Garry R. Wiseman reported transactions on 09/15/2025 tied to vesting of restricted share units. Performance-based restricted share units from a September 15, 2022 grant vested and were paid out as 98,253 shares at an indicated price of $1.92 per share. To satisfy tax-withholding obligations, the issuer automatically surrendered 14,320 and 38,663 shares in two separate withholding events. After these transactions, Wiseman beneficially owned 799,571 shares of common stock, held directly.
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Insights
TL;DR: Reported vesting and tax-withholding share surrenders reflect routine executive compensation settlement, producing a net increase in direct ownership.
The Form 4 documents the payout of performance-based restricted share units from a grant dated September 15, 2022, with 98,253 shares issued and two withholding events totaling 52,983 shares surrendered to the issuer to satisfy tax obligations. The filings show direct beneficial ownership of 799,571 shares following the transactions. These actions are administrative and compensation-related rather than open-market trading; they affect insider ownership levels but do not signal an independent purchase or sale decision by the reporting person.
TL;DR: Net issuance increases the executive's direct stake by 45,270 shares; activity stems from vesting and withholding, not market-driven purchases.
Calculating the reported movements: 98,253 shares were paid out as vested performance RSUs and 14,320 plus 38,663 shares were surrendered for tax withholding, yielding a net change of +45,270 shares. The indicated transaction price is $1.92, recorded for the reported share movements. From an investor-materiality perspective, this Form 4 documents compensation settlement and updates ownership totals, but it does not disclose open-market buying or selling that would reflect the executive's trading intent.