Talos Energy (TALO) officer corrects RSU grant to 56,074 units
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Spath John B. reported acquisition or exercise transactions in this Form 4 filing.
TALOS ENERGY INC. executive officer John B. Spath received a grant of 56,074 restricted stock units (RSUs) of common stock on March 5, 2026, as compensation. Each RSU represents the right to receive one Talos common share and was granted under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan.
The RSUs will vest in three equal installments on March 5, 2027, March 5, 2028 and March 5, 2029. This amended Form 4 corrects earlier reports that mistakenly showed a 70,093 RSU grant and incorrect post-transaction holdings. It clarifies that Spath beneficially owns 268,788 shares of Talos common stock as of the date of this amended filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Spath John B.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 56,074 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 290,178 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share (a "Share"), of Talos Energy Inc. The RSUs were issued pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan and will vest ratably on each of March 5, 2027, March 5, 2028 and March 5, 2029. On March 9, 2026, the reporting person filed a Form 4, which inadvertently reported that he was granted 70,093 RSUs. This amended Form 4 is being filed for the purpose of amending and restating the disclosure regarding that transaction in the initial Form 4, to correctly reflect that the reporting person was granted 56,074 RSUs. On March 9, 2026, the reporting person filed a Form 4, which inadvertently reported in Table I, column 5 that the amount of securities beneficially owned following the two reported transactions was 295,909 Shares. On March 12, 2026, the reporting person filed a Form 4, which inadvertently reported in Table I, column 5 that the amount of securities beneficially owned following the one reported transaction was 282,807 Shares. This amended Form 4 is being filed for the purpose of amending the disclosure. The reporting person beneficially owned, as of the date of the original Form 4 filed on March 9, 2026, 281,890 Shares. The reporting person beneficially owned, as of the date of the original Form 4 filed on March 12, 2026, 268,788 Shares. The reporting person beneficially owns, as of the date of this amended filing, 268,788 Shares.
Key Figures
RSU grant size: 56,074 RSUs
Vesting dates: March 5, 2027 / 2028 / 2029
Beneficial ownership now: 268,788 shares
+3 more
6 metrics
RSU grant size
56,074 RSUs
Restricted stock units granted on March 5, 2026
Vesting dates
March 5, 2027 / 2028 / 2029
RSUs vest ratably in three equal installments
Beneficial ownership now
268,788 shares
Shares beneficially owned as of date of amended filing
Prior misreported RSUs
70,093 RSUs
Incorrect grant amount disclosed in original March 9, 2026 Form 4
Prior misreported holdings
295,909 / 282,807 shares
Incorrect beneficial ownership totals in earlier Forms 4
Beneficial ownership March 12, 2026
268,788 shares
Correct holdings as of original Form 4 filed March 12, 2026
Key Terms
restricted stock unit ("RSU"), Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan, beneficially owned, beneficially owns, +1 more
5 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan financial
"The RSUs were issued pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan..."
beneficially owned financial
"The reporting person beneficially owned, as of the date of the original Form 4..."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
beneficially owns financial
"The reporting person beneficially owns, as of the date of this amended filing, 268,788 Shares."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
FAQ
What insider transaction did TALOS ENERGY INC. (TALO) report for John B. Spath?
TALOS ENERGY INC. reported that executive officer John B. Spath received a grant of 56,074 restricted stock units (RSUs) of common stock on March 5, 2026. These RSUs are compensation, not an open-market share purchase or sale, and convert into shares as they vest over time.
How many RSUs did John B. Spath actually receive from TALO and when do they vest?
John B. Spath was granted 56,074 RSUs of Talos Energy common stock. The award vests in three equal installments on March 5, 2027, March 5, 2028 and March 5, 2029, provided vesting conditions are satisfied, creating a multi-year equity incentive for the executive.
Why did TALOS ENERGY INC. file an amended Form 4/A for John B. Spath?
The company filed an amended Form 4/A because earlier Forms 4 inadvertently reported a 70,093 RSU grant and incorrect beneficial ownership totals. This amendment corrects the grant size to 56,074 RSUs and updates the reported share counts associated with Spath’s holdings on the referenced dates.
What is the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan?
The Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan is the company’s equity compensation program. Under this plan, Talos grants awards such as RSUs to executives and employees, aligning their compensation with shareholder interests through share-based incentives that typically vest over several years.