Form 4: Sabre Corp Executive Jami Kindle Reports Stock Transaction
SEC Form 4 Filing
Jami Kindle, a Senior Vice President at Sabre Corp, reported the automatic surrender of 2,528 common stock shares to cover tax obligations upon vesting of restricted stock units on March 15, 2024.
Summary
- On March 15, 2024, Jami Kindle, a Senior Vice President at Sabre Corp, engaged in a transaction involving the company's common stock.
- The transaction involved the automatic surrender of 2,528 shares to the issuer, Sabre Corp, to cover tax withholding obligations related to the vesting of restricted stock units.
- The price per share for this transaction was $1.98.
- Following the transaction, Kindle directly owns 197,641 shares of Sabre Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard tax procedures for vested stock. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations on vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of the stock transaction (surrender of shares for tax withholding). |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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