TALO.NYSETalos Energy INC

Form 4: Talos Energy CFO Sergio L. Maiworm Jr. Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing

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Sergio L. Maiworm Jr., CFO of Talos Energy Inc., reports the acquisition and disposal of common stock and restricted stock units (RSUs).

Summary

  • On September 9, 2024, Sergio L. Maiworm Jr., the CFO of Talos Energy Inc., reported changes in his beneficial ownership of the company's securities.
  • He acquired 112,690 shares of common stock at $0 and disposed of 158,562 shares.
  • These transactions resulted in a new total of shares beneficially owned.
  • He also received restricted stock units (RSUs) under the company's 2021 Long Term Incentive Plan.
  • 70,368 RSUs will vest ratably on March 5, 2025, March 5, 2026 and March 5, 2027.
  • 42,322 retention RSUs will vest ratably on September 9, 2025, September 9, 2026 and September 9, 2027.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

  • The granting of RSUs to the CFO suggests a continued alignment of interests between management and shareholders.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings and transactions of company insiders.

Stakeholder Impact

  • Shareholders can monitor insider transactions to gain insights into management's perspective on the company's stock.

Key Dates

DateDescription
09/09/2024Date of the reported transaction.
09/11/2024Date of signature by attorney-in-fact.
03/05/2025First vesting date for annual RSU grants.
09/09/2025First vesting date for retention RSU grants.
03/05/2026Second vesting date for annual RSU grants.
09/09/2026Second vesting date for retention RSU grants.
03/05/2027Third vesting date for annual RSU grants.
09/09/2027Third vesting date for retention RSU grants.

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