Form 4: Talos Energy CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Sergio L. Maiworm Jr., CFO of Talos Energy Inc., sold 4,865 shares of common stock on March 5, 2024, to cover tax withholding obligations.
Summary
- Sergio L. Maiworm Jr., the Chief Financial Officer and Senior Vice President of Talos Energy Inc., reported a transaction involving the sale of company stock.
- On March 5, 2024, Mr. Maiworm sold 4,865 shares of common stock at a price of $13.04 per share.
- This transaction was executed to satisfy tax withholding obligations related to the vesting of previously granted restricted stock units under the company's 2021 Long Term Incentive Plan.
- Following the transaction, Mr. Maiworm directly owns 47,111 shares of Talos Energy Inc.
- The report was filed on March 7, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction for tax purposes and doesn't necessarily indicate a change in the CFO's confidence in the company.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock sale transaction |
| 03/07/2024 | Date of Form 4 filing |
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