Sable Offshore Corp. (SOC) CFO awarded 250,000 RSUs, total now 1,000,000
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patrinely Gregory D.
Role
EVP, CFO
| 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 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.