Sabre (SABR) CFO granted stock awards, surrenders shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sabre Corp EVP and CFO Michael O. Randolfi reported stock-based compensation activity rather than open-market trading. On 2026-05-15, he received two grants of common stock awards totaling 404,040 and 86,207 shares, recorded at $0.00 per share as equity compensation.
The filing also shows four dispositions labeled as tax-withholding events, where 33,923, 37,477, 37,692 and 36,841 shares of common stock were automatically surrendered to the issuer at $1.595 per share to cover tax obligations upon vesting of restricted share units and performance-based restricted share units granted on various prior dates. Footnotes explain that one new restricted share unit award vests 50% on 05/15/27 and 50% on 05/15/28, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Randolfi Michael O
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 36,841 | $1.595 | $59K |
| Tax Withholding | Common Stock | 37,692 | $1.595 | $60K |
| Tax Withholding | Common Stock | 37,477 | $1.595 | $60K |
| Grant/Award | Common Stock | 86,207 | $0.00 | -- |
| Tax Withholding | Common Stock | 33,923 | $1.595 | $54K |
| Grant/Award | Common Stock | 404,040 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,094,687 shares (Direct, null)
Footnotes (1)
- 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. 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. 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. 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. 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. 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
RSU share grant 1: 404,040 shares
RSU share grant 2: 86,207 shares
Tax-withholding shares: 145,933 shares
+2 more
5 metrics
RSU share grant 1
404,040 shares
Common stock award granted on May 15, 2026
RSU share grant 2
86,207 shares
Additional common stock award granted on May 15, 2026
Tax-withholding shares
145,933 shares
Total shares surrendered for tax withholding across four F-code transactions
Tax-withholding price
$1.595 per share
Price used for automatic share surrenders to issuer
Shares after major grant
1,475,842 shares
Direct common stock holdings after 404,040-share award transaction
Key Terms
restricted share units, performance-based restricted share units, tax withholding obligations, automatic surrender of shares, +1 more
5 terms
tax withholding obligations financial
"to satisfy the reporting person's tax withholding obligations"
vesting financial
"award vests as follows: 50% on the first anniversary"
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.
FAQ
What insider transactions did Sabre (SABR) report for CFO Michael Randolfi?
Sabre reported equity compensation activity for CFO Michael Randolfi, including grants of 404,040 and 86,207 common shares and several automatic share surrenders to cover tax withholding on vested restricted share units and performance-based awards, all dated May 15, 2026.
Were Sabre (SABR) CFO Michael Randolfi’s Form 4 transactions open-market buys or sells?
The transactions were not open-market buys or sells. They consist of stock grants recorded at zero price and automatic share surrenders to Sabre at $1.595 per share to satisfy tax withholding obligations tied to vesting equity awards previously granted.