[Form 4] TALOS ENERGY INC. Insider Trading Activity

Rhea-AI Filing Summary

Gregory Babcock, Vice President and Chief Accounting Officer of Talos Energy Inc. (TALO), was granted 5,198 restricted stock units (RSUs) on 09/18/2025 under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of common stock and the RSUs carry a transaction price of $0.00. The RSUs vest ratably on September 18, 2026, September 18, 2027 and September 18, 2028. Following the reported grant, the reporting person beneficially owns 137,270 shares.

Positive

• Time-based RSU grant vests over three years, aligning executive incentives with shareholder outcomes
• Clear disclosure of transaction date, vesting schedule, and beneficial ownership (137,270 shares) in the Form 4

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A routine executive equity award to align interests with shareholders with multi-year vesting.

The Form 4 documents a standard time-based equity grant to an executive under the company's long-term incentive plan. The award of 5,198 RSUs vests ratably over three years, indicating retention and alignment objectives rather than an immediate cash transaction. The filing discloses the reporting person's role as Vice President and Chief Accounting Officer and shows total beneficial ownership of 137,270 shares after the grant. From a governance standpoint, this is a customary disclosure consistent with incentive compensation practices for senior officers.

Compensation Analyst

TL;DR: Time-vested RSUs typical for executive pay; grant size appears modest relative to total holdings.

The award consists of 5,198 RSUs with no purchase price and three equal vesting dates over 2026-2028, which signals retention-focused compensation. Each RSU converts to one share upon vesting. The Form 4 shows the transaction date and the plan under which the RSUs were granted. The disclosure does not include grant-date fair value or target compensation context, so assessment of materiality relative to total pay is limited to the share count and vesting schedule provided.

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^*

Babcock Gregory

(Last) (First) (Middle)

333 CLAY STREET, SUITE 3300

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025

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

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

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

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 Stock(1)	09/18/2025		A		5,198	A	$0.00	137,270	D

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. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share, of Talos Energy Inc. The RSUs were issued pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan and will vest ratably on each of September 18, 2026, September 18, 2027 and September 18, 2028.

Remarks:

Vice President and Chief Accounting Officer

	/s/ William S. Moss III, attorney-in-fact	09/22/2025
	** 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.

FAQ

What did the Form 4 filed for TALO disclose about Gregory Babcock's transaction?

The filing reports a grant of 5,198 RSUs on 09/18/2025 under the 2021 Long Term Incentive Plan, with vesting on 9/18/2026, 9/18/2027, and 9/18/2028.

How many shares does Gregory Babcock beneficially own after the reported transaction for TALO?

Following the reported RSU grant, the Form 4 shows 137,270 shares beneficially owned.

What is the price reported for the RSU grant in the TALO Form 4?

The transaction price reported for the RSUs is $0.00, reflecting that these are granted, not purchased, awards.

When do the RSUs granted to the TALO reporting person vest?

The RSUs vest ratably on September 18, 2026, September 18, 2027, and September 18, 2028.

Under which plan were the RSUs for TALO issued?

The RSUs were issued pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan.