Sable Offshore (SOC) awards 250,000 RSUs to President Flores

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Flores James Caldwell

(Last) (First) (Middle)

C/O SABLE OFFSHORE CORP.

845 TEXAS AVE., SUITE 2920

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sable Offshore Corp. [ SOC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/04/2026		A		250,000		(2)	(2)	Common Stock	250,000	$0	1,000,000	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

2. The RSUs vest in five equal annual installments beginning on April 25, 2026.

	/s/ Gregory D. Patrinely, Attorney-in-Fact	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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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.