Talos Energy officer has 438 shares withheld for taxes
TALOS ENERGY INC. officer Gregory Babcock reported a routine tax-related share disposition.
Rhea-AI Filing Summary
TALOS ENERGY INC. officer Gregory Babcock reported a routine tax-related share disposition. On the vesting of previously granted restricted stock units, 438 shares of common stock were withheld at $13.47 per share to satisfy tax withholding obligations. After this withholding, Babcock directly holds 145,816 shares of Talos Energy common stock.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on RSU vesting; no open-market trading signal.
The filing shows 438 Talos Energy common shares withheld at $13.47 per share to cover tax obligations from vesting restricted stock units. This is coded as an F transaction, which typically reflects automatic administration of equity awards rather than discretionary trading.
Following the withholding, Gregory Babcock directly holds 145,816 shares. Because there was no open-market purchase or sale and the share count affected is small relative to his total holdings, this event is generally viewed as a standard compensation-related adjustment with limited information value for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 438 | $13.47 | $6K |
Footnotes (1)
- F1. Represents shares of common stock, par value $0.01 per share, of Talos Energy Inc., withheld to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units under the Second Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
Long Term Incentive Plan financial
FAQ
What insider transaction did Talos Energy (TALO) report for Gregory Babcock?
Was the Talos Energy (TALO) Form 4 a stock sale by Gregory Babcock?
What does transaction code "F" mean in the Talos Energy (TALO) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.