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Sabre (SABR) legal chief awarded 323K shares, surrenders 42K for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sabre Corp EVP and Chief Legal Officer Rochelle Boas reported routine equity compensation activity. She received 323,232 shares of Common Stock as a grant or award, with no cash paid per share. On the same date, 42,134 shares were automatically surrendered back to Sabre at $1.595 per share to cover tax withholding obligations tied to restricted share units. After these transactions, Boas directly owned 536,503 Common Stock shares. A related footnote states the restricted share units granted on the transaction date vest 50% on May 15, 2027 and 50% on May 15, 2028, subject to continued employment.

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Insider BOAS ROCHELLE
Role EVP and Chief Legal Officer
Type Security Shares Price Value
Tax Withholding Common Stock 42,134 $1.595 $67K
Grant/Award Common Stock 323,232 $0.00 --
Holdings After Transaction: Common Stock — 536,503 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
Equity grant size 323,232 shares Common Stock grant/award on May 15, 2026
Tax withholding shares 42,134 shares Automatic surrender to issuer at $1.595/share
Tax withholding price $1.595 per share Price used for surrender of 42,134 shares
Post-transaction holdings 536,503 shares Common Stock directly owned after transactions
Vesting first tranche 50% Restricted share units vest on May 15, 2027
Vesting second tranche 50% Restricted share units vest on May 15, 2028
restricted share units financial
"The reporting person received a grant of restricted share units on the transaction date."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
automatic surrender of shares financial
"This transaction represents the automatic surrender of shares to the issuer upon vesting..."
tax withholding obligations financial
"...to satisfy the reporting person's tax withholding obligations."
grant of restricted share units financial
"The reporting person received a grant of restricted share units on the transaction date."
vesting date financial
"The restricted share units award vests as follows: 50% on the first anniversary of the date of grant..."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BOAS ROCHELLE

(Last)(First)(Middle)
C/O SABRE CORPORATION
3150 SABRE DRIVE

(Street)
SOUTHLAKE TEXAS 76092

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sabre Corp [ SABR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/15/2026F(1)42,134D$1.595536,503D
Common Stock05/15/2026A323,232(2)A$0859,735D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
Remarks:
/s/ Steve Milton as attorney-in-fact for Rochelle Boas05/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Sabre (SABR) EVP Rochelle Boas report?

Rochelle Boas reported a grant of 323,232 Sabre common shares and a related tax share surrender. She received the shares as an equity award, and 42,134 shares were automatically surrendered back to Sabre to satisfy tax withholding obligations tied to restricted share units.

How many Sabre (SABR) shares does Rochelle Boas hold after this Form 4?

After the reported transactions, Rochelle Boas directly holds 536,503 Sabre common shares. This figure reflects the equity grant of 323,232 shares and the automatic surrender of 42,134 shares back to the company for tax withholding obligations on restricted share units.

Was the Sabre (SABR) insider share surrender by Rochelle Boas an open-market sale?

No, the 42,134 Sabre shares were not an open-market sale. The filing states they were automatically surrendered to Sabre upon vesting of restricted share units to cover tax withholding obligations, a common non-discretionary payroll-related mechanism rather than a discretionary stock sale.

What are the vesting terms of Rochelle Boas’ Sabre (SABR) restricted share units?

The restricted share units granted to Rochelle Boas vest in two equal installments. According to the filing, 50% vest on May 15, 2027 and 50% on May 15, 2028, provided she remains employed by Sabre through each respective vesting date.

What does the Form 4 tax withholding transaction mean for Sabre (SABR) shareholders?

The tax withholding transaction reflects shares surrendered for payroll taxes, not a market sale. Sabre received 42,134 shares from Rochelle Boas at $1.595 per share to satisfy tax obligations arising from restricted share units, a routine administrative equity compensation event.