Talos Energy (NYSE: TALO) withholds 44,403 shares for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TALOS ENERGY INC. director and officer Paul R A Goodfellow reported a tax-related share disposition. On the vesting of previously granted restricted stock units under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan, 44,403 shares of common stock were withheld at $12.94 per share to satisfy tax withholding obligations.
After this non-market transaction, Goodfellow directly holds 508,285 shares of Talos Energy common stock. This filing reflects routine tax withholding associated with equity compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goodfellow Paul R A
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 44,403 | $12.94 | $575K |
Holdings After Transaction:
Common Stock — 508,285 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Talos Energy (TALO) report for Paul R A Goodfellow?
Talos Energy reported that director and officer Paul R A Goodfellow had 44,403 common shares withheld to cover tax obligations on vested restricted stock units. This was a tax-withholding disposition, not an open-market purchase or sale of shares.
Was the Talos Energy (TALO) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 44,403 Talos Energy shares were withheld by the company to satisfy tax withholding obligations triggered by vesting restricted stock units, a routine administrative step in equity compensation programs.
What plan governed the restricted stock units in this Talos Energy (TALO) filing?
The restricted stock units that vested were granted under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. Shares were withheld upon vesting to cover tax obligations, resulting in a reported tax-withholding disposition on the Form 4.