Talos Energy (TALO) officer gets 23,364 RSUs, withholds 5,339 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Talos Energy Inc. officer Gregory Babcock received an equity award and had shares withheld for taxes. He was granted 23,364 restricted stock units, each representing one share of common stock, under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. These RSUs will vest in three equal installments on March 5, 2027, March 5, 2028, and March 5, 2029. To cover tax withholding on previously vested RSUs, 5,339 shares of common stock were disposed of at $13.24 per share, reducing his directly owned common stock to 155,295 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Babcock Gregory
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,364 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,339 | $13.24 | $71K |
Holdings After Transaction:
Common Stock — 160,634 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 did Gregory Babcock report in this Talos Energy (TALO) Form 4?
Gregory Babcock reported an equity award and a related tax share withholding. He acquired 23,364 restricted stock units and had 5,339 shares withheld to satisfy tax obligations tied to previously vested RSUs under the 2021 Long Term Incentive Plan.
How many Talos Energy (TALO) restricted stock units did Babcock receive?
He received 23,364 restricted stock units, each equal to one share of Talos Energy common stock. The award was granted under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan on March 5, 2026, as part of his long-term incentive compensation.
What is the vesting schedule for Babcock’s new Talos Energy RSUs?
The 23,364 RSUs vest in three equal annual installments. They will vest ratably on March 5, 2027, March 5, 2028, and March 5, 2029, assuming continued eligibility under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan.
Were Babcock’s Talos Energy transactions open-market buys or sells?
The filing shows no open-market buys or sells. One transaction is a grant of 23,364 restricted stock units, while the 5,339-share disposition is specifically for tax withholding upon vesting of earlier RSUs, rather than a discretionary market sale.