Director at Sable Offshore (NYSE: SOC) receives 50,000-share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sable Offshore Corp. director Gregory Phillip Pipkin received a grant of 50,000 shares of Common Stock on May 6, 2026. The shares were awarded at a stated price of $0.00 per share as a "grant, award, or other acquisition." Following this transaction, his directly owned Common Stock holdings total 168,040 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pipkin Gregory Phillip
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 168,040 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 50,000 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 168,040 shares
+1 more
4 metrics
Shares granted
50,000 shares
Common Stock grant on May 6, 2026
Grant price per share
$0.00 per share
Reported transaction price for the grant
Shares owned after transaction
168,040 shares
Direct Common Stock holdings after grant
Transaction code
A
Grant, award, or other acquisition
Key Terms
Grant, award, or other acquisition, Common Stock, Form 4
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"security_title: "Common Stock" in the reported transaction"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for Sable Offshore Corp."
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) disclose for Gregory Phillip Pipkin?
Sable Offshore Corp. reported that director Gregory Phillip Pipkin acquired 50,000 shares of Common Stock as a grant or award. This non-market transaction increased his directly owned holdings to 168,040 shares according to the Form 4 disclosure.
Was the Sable Offshore (SOC) insider transaction an open-market purchase or a grant?
The transaction was classified as a grant, award, or other acquisition, not an open-market purchase. The 50,000 Common Stock shares were reported at a price of $0.00 per share, indicating a compensation-related or similar non-cash award.
What transaction code was used in the Sable Offshore (SOC) Form 4 for Gregory Phillip Pipkin?
The Form 4 lists transaction code "A" for Gregory Phillip Pipkin’s activity, described as a grant, award, or other acquisition. This code indicates an acquisition of securities rather than a sale, exercise, gift, or tax-withholding disposition.
Does the Sable Offshore (SOC) Form 4 show any insider sales by Gregory Phillip Pipkin?
No insider sales are reported for Gregory Phillip Pipkin in this Form 4. The filing shows one acquisition transaction coded "A" for 50,000 shares as a grant, award, or other acquisition, with no sell transactions listed in the transaction summary.
What type of security did Gregory Phillip Pipkin receive in the Sable Offshore (SOC) Form 4 filing?
The Form 4 states that Gregory Phillip Pipkin received Sable Offshore Corp. Common Stock. The single reported transaction covers 50,000 shares of this Common Stock, acquired as a grant, award, or other acquisition, increasing his direct ownership.