Form 4: Sabre Corp Executive Vice President Garry R. Wiseman Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Garry R. Wiseman, Executive Vice President of Sabre Corp, disposed of 8,861 shares of common stock on September 15, 2024, to cover tax withholding obligations upon vesting of restricted share units.
Summary
- On September 15, 2024, Garry R. Wiseman, an Executive Vice President at Sabre Corp, disposed of 8,861 shares of common stock.
- The shares were surrendered to the issuer to satisfy tax withholding obligations related to the vesting of restricted share units.
- The transaction was executed at a price of $3.22 per share.
- Following the transaction, Wiseman beneficially owns 526,065 shares of Sabre Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine disposal of shares to cover tax obligations and does not reflect a change in the executive's overall confidence in the company.
Industry Context
Executive share disposals for tax purposes are a common practice and do not necessarily indicate a negative outlook on the company's performance.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 09/17/2024 | Date of signature on the report. |
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