Talos Energy (TALO) director Paula Glover granted 14,018 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Glover Paula R reported acquisition or exercise transactions in this Form 4 filing.
TALOS ENERGY INC. director Paula R. Glover reported an award of 14,018 restricted stock units on March 5, 2026. These RSUs were granted under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan as part of her director compensation.
The RSUs vest on March 5, 2027, contingent on her continued service. Unless she elected to receive 100% in shares, 60% of the vested units will settle in Talos common stock and 40% in cash, aligning part of her compensation with future company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Glover Paula R
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 did Paula R. Glover report in her Form 4 for TALOS ENERGY INC. (TALO)?
Paula R. Glover reported receiving 14,018 restricted stock units as a compensation award. The units were granted under Talos Energy’s 2021 Long Term Incentive Plan and are designed to align her director compensation partly with the company’s future performance.
When do Paula R. Glover’s 14,018 Talos Energy (TALO) RSUs vest?
The 14,018 restricted stock units vest on March 5, 2027, contingent on her continued service. This means she must remain in her role through that date to receive the underlying shares and/or cash associated with the award.
How will Paula R. Glover’s Talos Energy (TALO) RSUs be settled at vesting?
At vesting, 60% of the RSUs will be settled in Talos common shares and 40% in cash, unless she elected to receive 100% in shares. Settlement occurs on her deferral election date or the vesting date if no deferral is chosen.
What incentive plan governs Paula R. Glover’s RSU grant at Talos Energy (TALO)?
The RSU grant is issued under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. This plan provides equity-based awards to directors and employees, linking part of their compensation to long-term company performance and share value.
How many derivative securities does Paula R. Glover hold after this Talos Energy (TALO) RSU grant?
Following the grant, she holds 14,018 restricted stock units directly. These units represent a contingent right to receive Talos common shares and cash in the future, subject to vesting conditions and any settlement elections she may have made.