Form 4: Sabre Corp Director Karl Peterson Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Karl Peterson reports acquiring 57,971 shares of Sabre Corp common stock at $2.76 and disposing of 144,655 shares.
Summary
- On April 24, 2024, Karl Peterson, a director of Sabre Corp, reported a transaction involving the company's common stock.
- Peterson acquired 57,971 shares at a price of $2.76 per share.
- Simultaneously, Peterson disposed of 144,655 shares.
- Following these transactions, Peterson beneficially owns 144,655 shares of Sabre Corp.
- The acquisition of shares was related to a restricted stock unit award that vests after one year, contingent on continued service on the board.
- 100% of the shares received will be deferred pursuant to an election by the reporting person under the Sabre Corporation Non-Employee Director Compensation Deferral Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard SEC filing reporting a director's stock transactions. There's no indication of positive or negative sentiment towards the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction: Acquisition and disposition of Sabre Corp common stock. |
| 04/25/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.