Sabre Corp (SABR) director Gail Mandel granted 110,497 deferred RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MANDEL GAIL reported acquisition or exercise transactions in this Form 4 filing.
Sabre Corp director Gail Mandel received a grant of 110,497 shares of common stock in the form of restricted stock units at a reference price of $1.81 per share. The award vests 100% one year after the grant date, assuming she continues serving on the board.
According to the filing, Mandel will defer 100% of the shares received under the Sabre Corporation Non-Employee Director Compensation Deferral Plan. After this grant, she holds 320,418 shares of Sabre common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MANDEL GAIL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 110,497 | $1.81 | $200K |
Holdings After Transaction:
Common Stock — 320,418 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 110,497 shares
Grant reference price: $1.81 per share
Post-grant holdings: 320,418 shares
+2 more
5 metrics
RSU grant size
110,497 shares
Restricted stock unit award to director Gail Mandel
Grant reference price
$1.81 per share
Value reported for RSU grant
Post-grant holdings
320,418 shares
Gail Mandel direct ownership after transaction
Vesting schedule
100% after one year
RSU vests in full one year after grant date
Deferral election
100% of shares deferred
Under Sabre Corporation Non-Employee Director Compensation Deferral Plan
Key Terms
restricted stock unit, vesting date, Non-Employee Director Compensation Deferral Plan, grant date
4 terms
restricted stock unit financial
"The restricted stock unit award vests as to 100% of the shares of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting date financial
"through the vesting date. 100% of the shares received will be deferred"
Non-Employee Director Compensation Deferral Plan financial
"under the Sabre Corporation Non-Employee Director Compensation Deferral Plan"
grant date financial
"following the grant date, subject to the reporting person's continued service"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Sabre Corp (SABR) director Gail Mandel report on this Form 4?
Gail Mandel reported receiving 110,497 Sabre Corp common shares as a restricted stock unit grant. The units vest in full one year after the grant date, contingent on her continued board service, and all resulting shares will be deferred under a director compensation deferral plan.
When do Gail Mandel’s Sabre Corp restricted stock units vest?
The restricted stock units granted to Gail Mandel vest 100% at the end of the one-year period following the grant date. Vesting is conditioned on her continued service on Sabre Corp’s board of directors through that one-year vesting date, as disclosed in the filing footnote.
What is the price reference for Gail Mandel’s Sabre Corp restricted stock grant?
The Form 4 lists a reference price of $1.81 per share for the 110,497-share restricted stock unit grant. This price is an accounting or grant-date value used in the filing and does not represent an open-market purchase or sale by the director.