Talos Energy (TALO) director receives 14,018 RSU grant under 2021 incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JUNEAU JOHN B reported acquisition or exercise transactions in this Form 4 filing.
TALOS ENERGY INC. director John B. Juneau was granted 14,018 Restricted Stock Units (RSUs) on March 5, 2026 under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. These RSUs were awarded at a price of $0.00 per unit as an equity-based compensation grant.
The RSUs will vest on March 5, 2027, contingent on Mr. Juneau’s continued service. Unless he elected to receive 100% in shares, the award represents a contingent right to receive 60% of the RSUs in Talos common stock and 40% in cash when vested or on a deferred date if a deferral election was made.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JUNEAU JOHN B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14,018 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 14,018 shares (Direct)
Footnotes (1)
- The restricted stock units ("RSUs") were granted pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan and represent a contingent right to receive 60% of such RSUs in shares of common stock, par value $0.01 per share ("Shares") of Talos Energy Inc. and 40% of such RSUs in cash if no settlement election was made to receive 100% in Shares. The RSUs will vest, contingent upon continued service, on March 5, 2027. Vested Shares and/or cash will be delivered to the reporting person on the date provided in such person's deferral election or the vesting date if no such election was made.
FAQ
What insider transaction did Talos Energy (TALO) report for John B. Juneau?
Talos Energy reported that director John B. Juneau received a grant of 14,018 restricted stock units. The award was made at a price of $0.00 per unit as part of equity compensation under the company’s 2021 Long Term Incentive Plan.
How many restricted stock units did the Talos Energy (TALO) director receive?
John B. Juneau received 14,018 restricted stock units. These RSUs represent a contingent right to future settlement in Talos common stock and cash, subject to vesting and any deferral elections made under the long-term incentive plan.
When do John B. Juneau’s Talos Energy (TALO) RSUs vest?
The RSUs granted to John B. Juneau vest on March 5, 2027. Vesting is contingent on his continued service, after which shares and/or cash will be delivered based on his deferral and settlement elections described in the award terms.
How will the Talos Energy (TALO) RSUs be settled for John B. Juneau?
If no special election was made, 60% of the RSUs will settle in Talos common shares and 40% in cash. Settlement occurs on the vesting date or on a later date chosen in his deferral election, consistent with the plan’s rules.
What plan governs the restricted stock units granted by Talos Energy (TALO)?
The RSUs were granted under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. This plan provides equity-based compensation, including RSUs that can settle in a mix of Talos common stock and cash once vesting conditions are met.
Did the Talos Energy (TALO) director pay anything for the RSU grant?
The reported transaction price for the RSUs was $0.00 per unit. This indicates the award was a compensatory grant rather than a purchase, aligning with typical long-term incentive equity awards for directors and executives.