Director at Sable Offshore Corp. (SOC) receives 50,000-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dillard Michael E. reported acquisition or exercise transactions in this Form 4 filing.
Sable Offshore Corp. director Dillard Michael E. received a grant of 50,000 shares of Common Stock on May 6, 2026. The award was recorded at a price of $0.00 per share, indicating it was a compensation-related grant rather than an open-market purchase. Following this transaction, his direct holdings increased to 497,500 Common Stock shares, reflecting a larger equity stake aligned with the company’s performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dillard Michael E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 497,500 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 50,000 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 497,500 shares
+2 more
5 metrics
Shares granted
50,000 shares
Common Stock grant on May 6, 2026
Grant price per share
$0.00 per share
Recorded grant value for Common Stock
Shares owned after transaction
497,500 shares
Total direct Common Stock holdings after grant
Net buy/sell shares
0 shares
Net buy-sell direction reported as neutral
Acquire transactions
1 transaction
Grant, award, or other acquisition reported
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Sable Offshore Corp. (SOC) report in this Form 4?
Sable Offshore Corp. reported a stock grant to director Dillard Michael E. He received 50,000 shares of Common Stock as a grant on May 6, 2026, recorded at $0.00 per share, indicating a compensation-related award rather than an open-market purchase.
What are Dillard Michael E.’s holdings in Sable Offshore Corp. (SOC) after this grant?
After the grant, Dillard Michael E. holds 497,500 Common Stock shares directly. This post-transaction figure reflects his total direct ownership reported in the Form 4 following the 50,000-share compensation-related award on May 6, 2026.
Was the Sable Offshore Corp. (SOC) Form 4 transaction a market purchase or a grant?
The transaction was a stock grant, not a market purchase. It is coded as a grant, award, or other acquisition (Code A), with 50,000 shares of Common Stock received at a stated price of $0.00 per share as compensation.