Sable Offshore Corp. (SOC) CFO sells 279,081 shares to cover tax

Rhea-AI Filing Summary

Sable Offshore Corp. EVP and CFO Patrinely Gregory D. reported an open-market sale of 279,081 shares of Common Stock. The shares were sold at an average price of $16.6893 per share. According to the footnote, this transaction was undertaken to cover tax withholding obligations tied to the vesting of restricted stock, making it a mechanical, tax-related sale rather than a discretionary reduction in ownership. Following the transaction, he directly owned 442,794 shares of Sable Offshore Corp. common stock.

Insights

Insider trading and equity compensation analyst

Large Form 4 sale is tax-related, not a discretionary exit.

The EVP and CFO of Sable Offshore Corp., Patrinely Gregory D., reported selling 279,081 shares of Common Stock at $16.6893 per share. A footnote clarifies the sale was to satisfy tax withholding obligations from restricted stock vesting.

This means the transaction is driven by compensation and tax mechanics rather than an active decision to reduce economic exposure. After the sale, the officer still holds 442,794 shares directly, indicating a substantial remaining stake. The filing therefore looks routine from a governance and incentive perspective.

Insider Trade Summary

Net Seller: 279,081 shares

Net Sell 1 txn

Insider Patrinely Gregory D.

Role EVP, CFO

Sold 279,081 shs ($4.66M)

Type	Security	Shares	Price	Value
Sale	Common Stock	279,081	$16.6893	$4.66M

Holdings After Transaction: Common Stock — 442,794 shares (Direct)

Footnotes (1)

1. F1. The sale reported herein represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock.

Key Figures

Shares sold: 279,081 shares Average sale price: $16.6893 per share Shares owned after transaction: 442,794 shares

3 metrics

Shares sold 279,081 shares Open-market sale to cover tax withholding on restricted stock vesting

Average sale price $16.6893 per share Price for Sable Offshore Corp. Common Stock on reported sale

Shares owned after transaction 442,794 shares Direct holdings of EVP, CFO Patrinely Gregory D. following sale

Key Terms

restricted stock, tax withholding obligations, open-market sale, Common Stock

4 terms

restricted stock financial

"in connection with the vesting of restricted stock"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

tax withholding obligations financial

"shares sold by the Reporting Person to cover tax withholding obligations"

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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.

FAQ

What insider transaction did Sable Offshore Corp. (SOC) report for Patrinely Gregory D.?

Sable Offshore Corp. reported that EVP and CFO Patrinely Gregory D. sold 279,081 shares of Common Stock at an average price of $16.6893 per share. The transaction was disclosed on a Form 4 insider trading report.

Why did Sable Offshore Corp. CFO sell 279,081 SOC shares?

According to the Form 4 footnote, the CFO’s sale of 279,081 shares was made to cover tax withholding obligations arising from the vesting of restricted stock. This characterizes the sale as a tax-related event, not a discretionary stock sale.

How many Sable Offshore Corp. (SOC) shares does the CFO hold after this Form 4 sale?

Following the reported transaction, EVP and CFO Patrinely Gregory D. directly owns 442,794 shares of Sable Offshore Corp. Common Stock. This post-transaction holding reflects his continuing equity stake after the tax-related sale.

Was the Sable Offshore Corp. CFO’s share sale an open-market transaction?

Yes. The Form 4 classifies the transaction as an open-market sale of Sable Offshore Corp. Common Stock, coded as an “S” transaction. However, the accompanying footnote explains that the purpose was to fund tax withholding on restricted stock vesting.

What type of security did the Sable Offshore Corp. insider sell on this Form 4?

The insider transaction involved Common Stock of Sable Offshore Corp. The Form 4 lists the security title as Common Stock, with 279,081 shares sold and 442,794 shares held directly after the transaction.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 04/02/2026 - 05:24 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Patrinely Gregory D.

(Last) (First) (Middle)

C/O SABLE OFFSHORE CORP.

845 TEXAS AVE., SUITE 2920

(Street)

HOUSTON TEXAS 77002

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

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

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

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
Common Stock	03/31/2026		S(1)		279,081	D	$16.6893	442,794	D

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

Explanation of Responses:

1. The sale reported herein represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock.

Remarks:

	/s/ Gregory D. Patrinely	04/02/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)