Sable Offshore (SOC) awards 250,000 RSUs to officer Anthony Duenner
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sable Offshore Corp. reported that officer Anthony Duenner acquired 250,000 Restricted Stock Units (RSUs) as a grant. Each RSU represents a contingent right to receive one share of Sable Offshore common stock.
After this award, Duenner holds 1,000,000 RSUs directly. The RSUs vest in five equal annual installments beginning on April 25, 2026, meaning the award will be earned over time rather than all at once.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Duenner Anthony
Role
See Remarks
| 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 did Sable Offshore Corp. (SOC) disclose in this Form 4 for Anthony Duenner?
Sable Offshore Corp. reported that officer Anthony Duenner received a grant of 250,000 Restricted Stock Units. These units give him a contingent right to receive the company’s common stock, increasing his total RSU holdings to 1,000,000 following the transaction.
How many Restricted Stock Units did SOC officer Anthony Duenner receive?
Anthony Duenner received a grant of 250,000 Restricted Stock Units from Sable Offshore Corp. This award increases his total RSU position to 1,000,000 units, all held directly, according to the Form 4 insider transaction report.
How do the new RSUs for SOC’s Anthony Duenner vest over time?
The 250,000 RSUs granted to Anthony Duenner vest in five equal annual installments. Vesting begins on April 25, 2026, so one-fifth of the award becomes earned each year over a five-year period, subject to the grant’s conditions.
What does each RSU granted to Anthony Duenner by Sable Offshore represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Sable Offshore Corp. common stock. This means the RSUs may convert into actual shares as they vest, aligning the officer’s compensation with the company’s equity.
Is the Form 4 transaction for SOC’s Anthony Duenner a purchase or a grant?
The Form 4 shows a grant or award acquisition, not an open-market purchase. The transaction code is “A,” indicating 250,000 RSUs were awarded to Anthony Duenner as compensation, with no cash purchase price per unit reported.