RSU grant lifts Sabre (NASDAQ: SABR) director share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sabre Corp director Scott John M III received a grant of 110,497 shares of Common Stock valued at $1.81 per share as an equity award. The award is structured as restricted stock units that vest 100% after one year, subject to his continued board service. Following this grant, he directly holds 321,943 shares. According to his election under the Sabre Corporation Non-Employee Director Compensation Deferral Plan, 100% of the shares delivered on vesting will be deferred, making this a compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scott John M III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 110,497 | $1.81 | $200K |
Holdings After Transaction:
Common Stock — 321,943 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 110,497 shares
Grant value per share: $1.81 per share
Post-transaction holdings: 321,943 shares
+1 more
4 metrics
RSU grant size
110,497 shares
Restricted stock unit award to director on grant date
Grant value per share
$1.81 per share
Grant-date value for Common Stock award
Post-transaction holdings
321,943 shares
Director’s direct Common Stock ownership after grant
Vesting schedule
100% after one year
RSU award vests in full one year after grant date
Key Terms
restricted stock unit award, vesting, Non-Employee Director Compensation Deferral Plan
3 terms
restricted stock unit award financial
"The restricted stock unit award vests as to 100% of the shares"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
vesting financial
"vests as to 100% of the shares of common stock subject to such award"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Non-Employee Director Compensation Deferral Plan financial
"deferred pursuant to an election by the reporting person under the Sabre Corporation Non-Employee Director Compensation Deferral Plan"
FAQ
What insider transaction did Sabre Corp (SABR) report in this Form 4?
Sabre Corp reported that director Scott John M III received a grant of 110,497 shares of Common Stock as a restricted stock unit award. The grant is compensation-based, not an open-market purchase, and increases his directly held shares to 321,943 after the transaction.
At what value was the Sabre (SABR) director equity grant recorded?
The equity grant to Sabre director Scott John M III was recorded at $1.81 per share for 110,497 shares of Common Stock. This reflects the grant-date value used for the restricted stock unit award disclosed in the Form 4 insider trading report.
How and when do the Sabre (SABR) director RSUs vest?
The restricted stock unit award for the Sabre director vests 100% at the end of the one-year period following the grant date. Vesting is conditioned on his continued service on Sabre’s board of directors through the one-year vesting date, as disclosed in the Form 4 footnote.