Talos Energy (NYSE: TALO) corrects 56,074 RSU grant disclosure
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Moss William S. III reported acquisition or exercise transactions in this Form 4 filing.
TALOS ENERGY INC. officer William S. Moss III reported a corrected equity award and updated share holdings. He was granted 56,074 restricted stock units (RSUs), each representing one share of Talos common stock, with no cash paid per unit.
The RSUs were issued under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan and will vest in three equal installments on March 5, 2027, March 5, 2028, and March 5, 2029. The filing explains that earlier Forms 4 mistakenly reported a 70,093 RSU grant and incorrect post-transaction share totals.
The amendment states that Moss beneficially owned 438,220 shares as of the original Form 4 filed March 9, 2026, and 425,117 shares as of the original Form 4 filed March 12, 2026. As of this amended filing, he beneficially owns 425,117 Talos shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Moss William S. III
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 56,074 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 449,221 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 452,239 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 439,136 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, 438,220 Shares. The reporting person beneficially owned, as of the date of the original Form 4 filed on March 12, 2026, 425,117 Shares. The reporting person beneficially owns, as of the date of this amended filing, 425,117 Shares.
Key Figures
RSUs granted: 56,074 RSUs
RSU vesting dates: March 5, 2027; March 5, 2028; March 5, 2029
Post-amendment holdings: 425,117 shares
+3 more
6 metrics
RSUs granted
56,074 RSUs
Equity award to William S. Moss III on March 5, 2026
RSU vesting dates
March 5, 2027; March 5, 2028; March 5, 2029
RSUs vest ratably over three annual installments
Post-amendment holdings
425,117 shares
Shares beneficially owned as of this amended filing
Holdings as of March 9, 2026 Form 4
438,220 shares
Correct beneficial ownership on date of original March 9, 2026 filing
Holdings as of March 12, 2026 Form 4
425,117 shares
Correct beneficial ownership on date of original March 12, 2026 filing
RSU grant price
$0.0000 per unit
Indicates award was compensation, not a cash purchase
Key Terms
restricted stock unit ("RSU"), Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan, beneficially owned, Form 4, +1 more
5 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock"
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 filed on March 9, 2026, 438,220 Shares."
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.
Form 4 regulatory
"On March 9, 2026, the reporting person filed a Form 4, which inadvertently reported that he was granted 70,093 RSUs."
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.
Common Stock financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share"
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.
FAQ
What insider transaction did Talos Energy (TALO) report for William S. Moss III?
Talos Energy reported that officer William S. Moss III received a grant of 56,074 restricted stock units. Each RSU represents one share of common stock and was awarded as equity compensation under the 2021 Long Term Incentive Plan, with no cash purchase price per unit.
How do the 56,074 RSUs granted to Talos Energy’s William S. Moss III vest?
The 56,074 RSUs granted to William S. Moss III vest in three equal installments. They will vest ratably on March 5, 2027, March 5, 2028, and March 5, 2029, aligning his compensation with long-term Talos Energy performance and continued service over that period.
Why did Talos Energy file an amended Form 4/A for William S. Moss III?
Talos Energy filed the amended Form 4/A to correct earlier reporting errors. A prior Form 4 incorrectly stated a 70,093 RSU grant and misstated Moss’s beneficial share ownership. The amendment clarifies the correct RSU grant of 56,074 and updates accurate share counts.
What prior beneficial ownership numbers for Talos Energy were corrected in this Form 4/A?
The amendment states that Moss actually beneficially owned 438,220 Talos shares as of the original March 9, 2026 Form 4, and 425,117 shares as of the original March 12, 2026 Form 4. Earlier filings had inadvertently reported different, incorrect ownership amounts in Table I, column 5.