Sabre director granted 110K SABR shares
Kelly Eric reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kelly Eric reported acquisition or exercise transactions in this Form 4 filing.
Sabre Corp director Eric Kelly received an equity grant as board compensation. On the reported date, he was awarded 110,497 shares of common stock at a reference price of $1.81 per share, increasing his direct holdings to 154,333 shares. The award is in the form of restricted stock units that vest 100% one year after the grant date, contingent on his continued board service. All shares from this award will be deferred under Sabre’s Non-Employee Director Compensation Deferral Plan.
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Insights
Routine director equity grant with one-year cliff vesting and full deferral.
Sabre Corp granted director Eric Kelly 110,497 shares of common stock as an equity award, with a reference price of $1.81 per share. This is classified as a grant or award acquisition, not an open-market purchase.
The award is structured as restricted stock units that vest 100% after a one-year period from the grant date, conditioned on continued board service. Following the grant, Kelly directly holds 154,333 shares, indicating this is a meaningful but not transformational position change.
The footnote states that 100% of the shares received will be deferred under the Sabre Corporation Non-Employee Director Compensation Deferral Plan. This makes the transaction primarily a compensation and tax-planning event rather than a signal-driven market trade. Future company filings may provide further detail on subsequent vesting or settlement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 110,497 | $1.81 | $200K |
Footnotes (1)
- F1. The restricted stock unit award vests as to 100% of the shares of common stock subject to such award at the end of the one-year period following the grant date, subject to the reporting person's continued service on the board of directors of the Issuer through the vesting date. 100% of the shares received will be deferred pursuant to an election by the reporting person under the Sabre Corporation Non-Employee Director Compensation Deferral Plan.
Key Figures
Key Terms
restricted stock unit financial
grant, award, or other acquisition financial
Non-Employee Director Compensation Deferral Plan financial
continued service financial
FAQ
What did Sabre Corp (SABR) director Eric Kelly report in this Form 4?
Was the Sabre Corp (SABR) Form 4 transaction a stock purchase or a grant?
What are the vesting terms of Eric Kelly’s Sabre Corp (SABR) restricted stock units?
Does the Sabre Corp (SABR) Form 4 indicate any derivative securities for Eric Kelly?
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