Sable Offshore (SOC) awards 250,000 RSUs to President Flores
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flores James Caldwell reported acquisition or exercise transactions in this Form 4 filing.
Sable Offshore Corp. granted President Flores James Caldwell 250,000 restricted stock units as an equity award. Each RSU represents one share of common stock and will vest in five equal annual installments beginning on April 25, 2026, bringing his holdings to 1,000,000 RSUs after this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Flores James Caldwell
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 250,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,000,000 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in five equal annual installments beginning on April 25, 2026.
FAQ
What insider transaction did Sable Offshore Corp. (SOC) report for its president?
Sable Offshore Corp. reported that President Flores James Caldwell received a grant of 250,000 restricted stock units. These RSUs are a form of equity tied to the company’s common stock and increase his total reported RSU holdings to 1,000,000 units following the award.
How many Sable Offshore (SOC) restricted stock units were granted in this Form 4?
The Form 4 shows a grant of 250,000 restricted stock units to President Flores James Caldwell. This award was recorded at a price of $0.0000 per unit, indicating a non-cash equity grant that raises his total RSU position to 1,000,000 units.
How do the Sable Offshore (SOC) RSUs granted to the president vest over time?
The restricted stock units vest in five equal annual installments beginning on April 25, 2026. This means the 250,000-unit grant will unlock in five stages, aligning the president’s equity incentives with long-term company performance over multiple years after the initial vesting date.
What does each Sable Offshore (SOC) restricted stock unit represent in this grant?
Each restricted stock unit represents a contingent right to receive one share of Sable Offshore Corp.’s common stock. The units only convert into shares as they vest over five annual installments starting April 25, 2026, tying the president’s potential ownership directly to company equity.
What is the president’s total Sable Offshore (SOC) RSU holding after this transaction?
After the 250,000-unit grant, President Flores James Caldwell’s total reported holdings of restricted stock units are 1,000,000. This figure reflects his direct beneficial ownership of RSUs as disclosed, which may convert into the same number of common shares as they vest over time.
Was the Sable Offshore (SOC) RSU grant to the president a purchase or an award?
The transaction is classified as a grant or award acquisition of derivative securities, not an open-market purchase. The Form 4 uses transaction code “A” and indicates a price of $0.0000 per unit, confirming it as an equity award rather than a cash-funded share purchase.