Form 4: Sabre Corp Executive Scott Albert Wilson Reports Acquisition and Disposal of Shares

Executive Vice President Scott Albert Wilson reports acquiring restricted share units and surrendering shares to cover tax obligations.

Summary

• On May 15, 2024, Scott Albert Wilson, Executive Vice President of Sabre Corp, acquired 236,593 shares of common stock at a price of $3.17 per share.
• These shares were granted as restricted share units, vesting in three equal installments on the anniversaries of the grant date: May 15, 2025, May 15, 2026, and May 15, 2027.
• Wilson also surrendered 21,049 shares to Sabre Corp at $3.17 per share to cover tax withholding obligations related to the vesting of restricted share units.
• Following these transactions, Wilson directly owns 687,541 shares of Sabre Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares through restricted share units is a common practice and generally viewed as a positive sign of alignment between management and shareholders. The tax obligation fulfillment is a routine transaction.

Positives

• The acquisition of restricted share units aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued employment with the Issuer through each vesting date.

Future Outlook

The executive's holdings will increase as the restricted share units vest over the next three years, contingent on continued employment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and ownership.
• The vesting schedule incentivizes the executive to remain with the company, benefiting employees and other stakeholders.

Key Dates