Talos Energy (NYSE: TALO) director exercises 17,759 RSUs, returns 7,104 shares

Rhea-AI Filing Summary

Talos Energy Inc. director Charles M. Sledge exercised 17,759 restricted stock units on March 10, 2026, receiving an equivalent number of common shares. The award had been granted on March 10, 2025 and vested one year later under the company’s 2021 Long Term Incentive Plan.

Under his settlement election, 60% of the RSUs were settled in shares and 40% in cash. On the same day, 7,104 common shares were disposed of to the issuer at $12.94 per share, leaving Sledge with 57,940 common shares held directly after these transactions.

Insights

Equity compensation analyst

Routine RSU vesting and partial disposition with modest net equity retention.

Director Charles M. Sledge converted 17,759 RSUs into common shares of Talos Energy Inc. on March 10, 2026. These RSUs were granted a year earlier under the 2021 long-term incentive plan and represent standard director equity compensation rather than open-market buying.

Per the award terms and his settlement election, 60% of the RSUs were settled in stock and 40% in cash. He then disposed of 7,104 shares back to the issuer at $12.94 per share, a non-market transaction coded as a disposition to issuer. Following these steps, he directly holds 57,940 common shares, indicating he retained a meaningful equity stake.

Insider Trade Summary

17,759 shares exercised/converted

Mixed 3 txns

Insider SLEDGE CHARLES M

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	17,759	$0.00	--
Exercise	Common Stock	17,759	$0.00	--
Disposition	Common Stock	7,104	$12.94	$92K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 65,044 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SLEDGE CHARLES M

(Last) (First) (Middle)

333 CLAY STREET, SUITE 3300

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TALOS ENERGY INC. [ TALO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/10/2026		M		17,759	A	(1)	65,044	D
Common Stock	03/10/2026		D		7,104	D	$12.94	57,940	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/10/2026		M			17,759	(1)	(1)	Common Stock	17,759	$0.00	0	D

Explanation of Responses:

1. The restricted stock units ("RSUs") were granted on March 10, 2025 and vested on March 10, 2026. The RSUs represent the economic equivalent of one share of common stock, par value $0.01 per share (a "Share") of Talos Energy Inc. The RSUs were granted pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. Pursuant to the terms of the award agreement and the reporting person's settlement election, 60% of the RSUs were settled in Shares and 40% were settled in cash.

	/s/ William S. Moss III, attorney-in-fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Talos Energy (TALO) director Charles M. Sledge report in this Form 4?

He reported exercising 17,759 restricted stock units into common shares and disposing of 7,104 shares to Talos Energy at $12.94 per share. After these transactions, he directly holds 57,940 shares, reflecting routine equity compensation activity rather than an open-market trade.

How many Talos Energy (TALO) RSUs vested for Charles M. Sledge and when?

A total of 17,759 restricted stock units vested for Charles M. Sledge on March 10, 2026. These RSUs were originally granted on March 10, 2025 under Talos Energy’s 2021 Long Term Incentive Plan and each unit represented the economic equivalent of one common share.

How were Charles M. Sledge’s Talos Energy (TALO) RSUs settled between shares and cash?

According to the award terms and his settlement election, 60% of the vested RSUs were settled in Talos Energy common shares and 40% were settled in cash. This mix allowed him to receive both equity and immediate cash value from the same vesting event.

What was the nature of the 7,104 Talos Energy (TALO) shares disposed by Charles M. Sledge?

The 7,104 Talos Energy common shares were coded as a disposition to the issuer at $12.94 per share, not an open-market sale. This indicates the shares were transferred back to the company rather than sold on an exchange to outside investors.

How many Talos Energy (TALO) shares does Charles M. Sledge hold after these Form 4 transactions?

After exercising restricted stock units and disposing of some shares to the issuer, Charles M. Sledge directly holds 57,940 Talos Energy common shares. This post-transaction balance reflects his ongoing equity interest following the March 10, 2026 compensation-related transactions.

Do these Talos Energy (TALO) Form 4 transactions indicate open-market buying or selling by Charles M. Sledge?

No, the transactions reflect RSU vesting and a disposition to the issuer, not open-market trades. The RSUs converted into 17,759 shares, and 7,104 shares were transferred back to Talos Energy, making this primarily a compensation and settlement event rather than market-driven buying or selling.