Talos Energy holder sells 339K shares
Talos Energy Inc. insider activity shows a significant shareholder trimming its position.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Talos Energy Inc. insider activity shows a significant shareholder trimming its position. Control Empresarial de Capitales S.A. de C.V., a ten percent owner, sold 339,568 common shares of Talos Energy in an open-market transaction at a weighted average price of $16.7972 per share, with individual trades ranging from $16.70 to $16.90. After this sale, the reporting holder still owns 40,460,036 Talos Energy shares, indicating that the transaction represents a relatively small portion of its overall stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares (as defined in Exhibit 99.1 hereto) | 339,568 | $16.7972 | $5.70M |
Footnotes (2)
- F1. 1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $16.70 to $16.90 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- F2. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
ten percent owner financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Control Empresarial report for Talos Energy (TALO)?
What does the weighted average price mean in the Talos Energy (TALO) Form 4 filing?
Was the Talos Energy (TALO) insider sale a single trade or multiple transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.