Talos Energy (TALO) officer reports RSU grant and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Talos Energy Inc. officer William S. Moss III reported equity compensation and related tax withholding in company stock. He acquired 70,093 shares of common stock on a grant/award basis at $0.00 per share, reflecting restricted stock units issued under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. These RSUs vest in three equal installments on March 5, 2027, March 5, 2028, and March 5, 2029. On the same date, 11,001 shares at $13.24 per share were disposed of to cover tax withholding obligations upon vesting of previously granted RSUs. After these transactions, Moss directly owned 452,239 shares of Talos Energy common stock.
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 | 70,093 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,001 | $13.24 | $146K |
Holdings After Transaction:
Common Stock — 463,240 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per 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. Represents shares withheld to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan.
FAQ
What insider transactions did Talos Energy (TALO) report for William S. Moss III?
Talos Energy reported that officer William S. Moss III received a grant of 70,093 common shares via restricted stock units and disposed of 11,001 shares to satisfy tax withholding obligations related to previously vested RSUs, leaving him with direct ownership of 452,239 shares.
Was the Talos Energy (TALO) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation-related grant, not an open-market purchase. Moss received 70,093 shares at $0.00 per share as restricted stock units under Talos Energy’s 2021 Long Term Incentive Plan, which will vest in three equal annual installments starting March 5, 2027.
When will the new Talos Energy (TALO) restricted stock units granted to Moss vest?
The newly granted Talos Energy restricted stock units will vest in three equal parts. The filing states vesting dates of March 5, 2027, March 5, 2028, and March 5, 2029, reflecting a multi-year incentive structure under the company’s 2021 Long Term Incentive Plan.
What plan governed the Talos Energy (TALO) equity awards reported for William S. Moss III?
The equity awards were issued under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. Both the 70,093-share restricted stock unit grant and the shares withheld for taxes upon prior RSU vesting are explicitly tied to this incentive compensation framework.