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.
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.
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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
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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