4/A: Sable Offshore Corp. Director Corrects Form 4 Filing After Stock Conversion and Purchase

Gregory Phillip Pipkin, a director at Sable Offshore Corp., amends a previous Form 4 filing to correct the number of Class B Common Stock shares converted and the total shares owned after a recent purchase.

Summary

• Gregory Phillip Pipkin, a director of Sable Offshore Corp., filed an amended Form 4 with the SEC.
• The amendment corrects the number of Class B Common Stock shares converted on August 22, 2023.
• It also corrects the total number of Common Stock shares beneficially owned after a purchase on February 14, 2024.
• On August 22, 2023, Pipkin converted 96,875 shares of Class B Common Stock into Common Stock.
• On February 14, 2024, Pipkin purchased 100,000 shares of Common Stock at $10 per share.
• Following these transactions, Pipkin directly owns 211,875 shares of Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting previously reported information. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction of the Form 4 filing ensures accurate information is available to shareholders regarding insider ownership.

Key Dates