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.
Positive
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Negative
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Insights
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,759 | $0.00 | $0.00 |
| Exercise | Common Stock | 17,759 | $0.00 | $0.00 |
| Disposition | Common Stock | 7,104 | $12.94 | $92K |
Footnotes (1)
- F1. 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.
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