Talos Energy (TALO) 10% owner trims stake with 339K-share sale

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

Net Seller: 339,568 shares ($5,703,792)

Net Sell 1 txn

Insider Control Empresarial de Capitales S.A. de C.V.

Role null

Sold 339,568 shs ($5.70M)

Type	Security	Shares	Price	Value
Sale	Common Shares (as defined in Exhibit 99.1 hereto)	339,568	$16.7972	$5.70M

Holdings After Transaction: Common Shares (as defined in Exhibit 99.1 hereto) — 40,460,036 shares (Direct, null)

Footnotes (1)

1. 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. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Key Figures

Shares sold: 339,568 shares Weighted average sale price: $16.7972/share Sale price range: $16.70–$16.90/share +1 more

4 metrics

Shares sold 339,568 shares Open-market sale on May 20, 2026

Weighted average sale price $16.7972/share Average price for 339,568 shares sold

Sale price range $16.70–$16.90/share Individual transaction prices for the sale

Shares owned after sale 40,460,036 shares Post-transaction holdings reported in Form 4

Key Terms

open-market sale, weighted average price, ten percent owner, Form 4

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"Weighted average price. These shares were sold in multiple transactions"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

ten percent owner financial

""is_ten_percent_owner": 1"

Form 4 regulatory

"to this Form 4, which is hereby incorporated herein by reference"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Control Empresarial de Capitales S.A. de C.V.

(Last) (First) (Middle)

PASEO DE LAS PALMAS 781, PISO 3

LOMAS DE CHAPULTEPEC

(Street)

CIUDAD DE MEXICO 11000

(City) (State) (Zip)

MEXICO

(Country)

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

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

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			Add'l Rep. Persons-see Ex.99-1

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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

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

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

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 Shares (as defined in Exhibit 99.1 hereto)	05/20/2026		S		339,568	D	$16.7972(1)	40,460,036	D(2)

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

Explanation of Responses:

1. 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.

2. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

	/s/ MARCO ANTONIO SLIM DOMIT, ATTORNEY-IN-FACT	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Control Empresarial report for Talos Energy (TALO)?

Control Empresarial de Capitales S.A. de C.V. reported selling 339,568 Talos Energy common shares in an open-market transaction. The weighted average sale price was about $16.80 per share, and the holder remained invested with over 40 million shares after the sale.

How many Talos Energy (TALO) shares did the 10% owner sell and at what price?

The ten percent owner sold 339,568 Talos Energy common shares. These were executed at a weighted average price of $16.7972 per share, with individual trade prices ranging from $16.70 to $16.90, according to the Form 4 footnote disclosure.

How many Talos Energy (TALO) shares does the reporting holder own after the Form 4 sale?

Following the reported sale, the insider still holds 40,460,036 Talos Energy common shares. This post-transaction balance in the Form 4 shows the sale was a small fraction of the holder’s overall position rather than a full or majority exit.

What does the weighted average price mean in the Talos Energy (TALO) Form 4 filing?

The weighted average price of $16.7972 per share reflects that the 339,568 Talos Energy shares were sold in multiple trades between $16.70 and $16.90. It averages the different execution prices based on the number of shares sold at each price.

Was the Talos Energy (TALO) insider sale a single trade or multiple transactions?

The Form 4 notes the 339,568 Talos Energy shares were sold in multiple transactions. Prices ranged from $16.70 to $16.90, producing a weighted average price of $16.7972 per share for the reported open-market sale.