Sabre CEO granted 1.8M RSUs, shares withheld
Sabre Corp CEO and President Kurt Joseph Ekert reported equity compensation and related tax events.
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Rhea-AI Filing Summary
Sabre Corp CEO and President Kurt Joseph Ekert reported equity compensation and related tax events. He received a grant of 1,818,182 restricted share units and 237,069 performance-based restricted share units that vested into common stock. In separate entries, 426,006 shares were automatically surrendered to Sabre at $1.595 per share to satisfy tax withholding obligations, rather than sold on the open market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 124,133 | $1.595 | $198K |
| Exercise Price or Tax Liability | Common Stock | 104,934 | $1.595 | $167K |
| Exercise Price or Tax Liability | Common Stock | 103,652 | $1.595 | $165K |
| Grant/Award | Common Stock | 237,069 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 93,287 | $1.595 | $149K |
| Grant/Award | Common Stock | 1,818,182 | $0.00 | $0.00 |
Footnotes (6)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. The reporting person received a grant of restricted share units on the transaction date. The restricted share units award vests as follows: 33 1/3% on the first anniversary of the date of grant (5/15/27), 33 1/3% on the second anniversary of the date of grant (5/15/28), and 33 1/3% on the third anniversary of the date of grant (5/15/29), subject to the reporting person's continued employment with the Issuer through each vesting date.
Key Figures
Key Terms
tax withholding obligations financial
vesting financial
FAQ
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What insider transactions did Sabre Corp (SABR) report for CEO Kurt Ekert?
How large was the new equity grant to Sabre CEO Kurt Ekert in this Form 4?
What performance-based equity awards vested for Sabre Corp CEO Kurt Ekert?
Were there any open-market stock sales by Sabre CEO Kurt Ekert in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.