Talos Energy (NYSE: TALO) director settles RSUs in stock and cash

Rhea-AI Filing Summary

Talos Energy director Richard Sherrill reported the vesting and settlement of restricted stock units on March 10, 2026. He exercised 17,759 RSUs into the economic equivalent of common shares originally granted on March 10, 2025 under the company’s 2021 Long Term Incentive Plan. According to his settlement election, 60% of the RSUs were settled in Talos Energy common stock and 40% in cash. On the same date, he disposed of 7,104 common shares to the issuer at $12.94 per share, and his direct holdings after these transactions totaled 71,284 common shares.

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

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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^*

Sherrill Richard

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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	03/10/2026		M		17,759	A	(1)	78,388	D
Common Stock	03/10/2026		D		7,104	D	$12.94	71,284	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
Restricted Stock Units	(1)	03/10/2026		M			17,759	(1)	(1)	Common Stock	17,759	$0.00	0	D

Explanation of Responses:

1. The restricted stock units ("RSUs") were granted on March 10, 2025 and vested on March 10, 2026. The RSUs represent the economic equivalent of one share of common stock, par value $0.01 per share (a "Share") of Talos Energy Inc. The RSUs were granted pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. Pursuant to the terms of the award agreement and the reporting person's settlement election, 60% of the RSUs were settled in Shares and 40% were settled in cash.

	/s/ William S. Moss III, attorney-in-fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Talos Energy (TALO) director Richard Sherrill report?

Richard Sherrill reported RSU vesting and share transactions. On March 10, 2026, 17,759 restricted stock units vested and were settled in a mix of Talos Energy common stock and cash, with a portion of the resulting shares later disposed of back to the issuer.

How many Talos Energy RSUs vested for Richard Sherrill and when were they granted?

17,759 RSUs vested for Richard Sherrill. These restricted stock units were originally granted on March 10, 2025 and vested one year later on March 10, 2026, representing the economic equivalent of one Talos Energy common share per unit under the company’s long-term incentive plan.

How were Richard Sherrill’s Talos Energy RSUs settled between stock and cash?

The RSUs were settled 60% in shares and 40% in cash. Under the terms of the award agreement and Sherrill’s settlement election, a majority of the 17,759 vested restricted stock units became Talos Energy common stock, while the remaining portion was paid out in cash.

What Talos Energy share disposition did Richard Sherrill report on March 10, 2026?

Sherrill reported disposing of 7,104 Talos Energy shares. These common shares were transferred back to the issuer at a price of $12.94 per share, characterized as a disposition to the company rather than an open-market sale, following the RSU vesting and settlement.

How many Talos Energy shares does Richard Sherrill hold after these Form 4 transactions?

Sherrill directly holds 71,284 Talos Energy shares after the transactions. This balance reflects the net effect of exercising 17,759 restricted stock units into common stock and disposing of 7,104 shares to the issuer on March 10, 2026.

What plan governed Richard Sherrill’s RSU award reported for Talos Energy?

The RSUs were granted under Talos Energy’s 2021 Long Term Incentive Plan. Specifically, they were issued pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan, which provides equity-based compensation using restricted stock units tied to the company’s common stock.