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Sable Offshore Corp. (SOC) CFO awarded 250,000 RSUs, total now 1,000,000

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Patrinely Gregory D. reported acquisition or exercise transactions in this Form 4 filing.

Sable Offshore Corp. reported that its EVP and CFO, Gregory D. Patrinely, received a grant of 250,000 restricted stock units (RSUs) on April 4, 2026. Each RSU represents one share of common stock and vests in five equal annual installments beginning on April 25, 2026. Following this award, he holds 1,000,000 RSUs directly.

Positive

  • None.

Negative

  • None.
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 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)
EVP, CFO
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 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.
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.

FAQ

What insider transaction did SOC report for EVP and CFO Gregory D. Patrinely?

Sable Offshore Corp. reported that EVP and CFO Gregory D. Patrinely acquired 250,000 restricted stock units. These units were granted as equity compensation and increase his directly held restricted stock units to a total of 1,000,000 after the transaction.

How many restricted stock units did SOC’s EVP and CFO receive in this Form 4 filing?

Gregory D. Patrinely received a grant of 250,000 restricted stock units. This award is reported at a price of $0.0000 per unit and represents additional equity-based compensation tied to Sable Offshore Corp.’s common stock under his executive arrangements.

How do the SOC restricted stock units reported in this Form 4 vest over time?

The restricted stock units vest in five equal annual installments. Vesting begins on April 25, 2026, meaning one-fifth of the 250,000 units becomes deliverable each year, subject to the continued satisfaction of any applicable vesting conditions over the five-year schedule.

What does each SOC restricted stock unit represent for Gregory D. Patrinely?

Each restricted stock unit represents a contingent right to receive one share of Sable Offshore Corp. common stock. Delivery of the underlying shares depends on the RSUs vesting according to the five-year vesting schedule starting on April 25, 2026.

What is Gregory D. Patrinely’s total SOC restricted stock unit position after this grant?

After receiving 250,000 additional restricted stock units, Gregory D. Patrinely directly holds 1,000,000 restricted stock units. This total reflects his equity-based awards in Sable Offshore Corp. as reported immediately following the March 4, 2026 grant transaction.

Was the SOC executive RSU transaction reported as a buy or sell in the Form 4?

The transaction was reported as an acquisition of derivative securities, coded as a grant, award, or other acquisition. It reflects an equity award of restricted stock units rather than an open-market purchase or sale of Sable Offshore Corp. common stock.
Sable Offshore

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