Sabre EVP awarded RSUs, settles taxes in shares
Sabre Corp EVP & Chief Information Officer Joe DiFonzo reported equity compensation activity involving the company’s common stock.
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Rhea-AI Filing Summary
Sabre Corp EVP & Chief Information Officer Joe DiFonzo reported equity compensation activity involving the company’s common stock. He acquired 323,232 shares upon vesting of performance-based restricted share units from a May 15, 2023 grant and received a new award of 43,104 restricted share units on the transaction date.
To cover related tax withholding obligations, a total of 83,326 shares were automatically surrendered to the issuer at a price of $1.595 per share, rather than sold on the open market. These are routine compensation and tax-settlement transactions rather than discretionary share purchases or sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 19,204 | $1.595 | $31K |
| Exercise Price or Tax Liability | Common Stock | 28,314 | $1.595 | $45K |
| Exercise Price or Tax Liability | Common Stock | 18,846 | $1.595 | $30K |
| Grant/Award | Common Stock | 43,104 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 16,962 | $1.595 | $27K |
| Grant/Award | Common Stock | 323,232 | $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: 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
Key Terms
tax withholding obligations financial
FAQ
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What insider transactions did Sabre (SABR) EVP Joe DiFonzo report?
Were any of Joe DiFonzo’s Sabre (SABR) transactions open-market sales?
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