Sabre director granted 110,497 restricted shares
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.
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
| 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 award financial
vesting financial
Non-Employee Director Compensation Deferral Plan financial
FAQ
What insider transaction did Sabre Corp (SABR) report in this Form 4?
At what value was the Sabre (SABR) director equity grant recorded?
How and when do the Sabre (SABR) director RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.