How significant is this Sable Offshore (SOC) insider transaction in terms of share count?

The insider sold 279,081 shares in this transaction. Despite this sizable number, he still holds 470,919 shares directly plus 50,000 indirectly via family trusts, indicating the sale mainly addressed tax liabilities tied to equity compensation rather than fully exiting a large position.

Sable Offshore (SOC) insider sells shares to cover restricted stock taxes

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sable Offshore Corp. executive disposed of common stock primarily to cover taxes on vested restricted shares. On this date, Anthony Duenner sold 279,081 shares of common stock at an average price of $16.6893 per share to satisfy tax withholding obligations tied to restricted stock vesting.

After the transaction, he held 470,919 common shares directly and an additional 50,000 shares indirectly through family trusts, indicating he retains a substantial equity stake in the company.

Insider Trade Summary

Net Seller: 279,081 shares ($4,657,667)

Net Sell 2 txns

Insider Duenner Anthony

Role See Remarks

Sold 279,081 shs ($4.66M)

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

Holdings After Transaction: Common Stock — 470,919 shares (Direct); Common Stock — 50,000 shares (Indirect, By Family Trusts)

Footnotes (1)

[object Object]

Key Figures

Shares sold: 279,081 shares Average sale price: $16.6893 per share Direct holdings after transaction: 470,919 shares +1 more

4 metrics

Shares sold 279,081 shares Common stock sold to cover tax withholding on restricted stock vesting

Average sale price $16.6893 per share Price for 279,081 common shares sold

Direct holdings after transaction 470,919 shares Common stock held directly by Anthony Duenner after sale

Indirect holdings after transaction 50,000 shares Common stock held indirectly by family trusts after transaction

Key Terms

restricted stock, tax withholding obligations, open-market sale, Family Trusts

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.

Family Trusts financial

"nature_of_ownership": "By Family Trusts""

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 05:21 PM

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^*

Duenner Anthony

(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)
	See Remarks

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/31/2026		S⁽¹⁾		279,081	D	$16.6893	470,919	D
Common Stock								50,000	I	By Family Trusts

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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:

EVP, General Counsel and Secretary

	/s/ Gregory D. Patrinely, Attorney-in-Fact	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sable Offshore (SOC) insider Anthony Duenner do in this transaction?

Anthony Duenner sold 279,081 Sable Offshore common shares. The sale was made to cover tax withholding obligations arising from the vesting of restricted stock, meaning it was a tax-related disposition rather than a discretionary open-market sale reducing his overall exposure.

At what price were the Sable Offshore (SOC) shares sold by the insider?

The 279,081 Sable Offshore shares were sold at an average price of $16.6893 per share. This price reflects the transaction used to cover tax obligations associated with restricted stock vesting, not a typical open-market portfolio adjustment or speculative trade by the insider.

How many Sable Offshore (SOC) shares does Anthony Duenner hold after the sale?

Following the tax-related sale, Anthony Duenner held 470,919 Sable Offshore common shares directly. In addition, he had 50,000 shares held indirectly through family trusts, showing he maintains a significant ongoing ownership position in the company despite the disposition.

Was the Sable Offshore (SOC) insider sale linked to restricted stock vesting?

Yes. A footnote explains the shares were sold to cover tax withholding obligations from the vesting of restricted stock. Such transactions are typically mechanical outcomes of compensation vesting rather than explicit decisions to reduce economic exposure to the company’s stock.