Form 4: Talos Energy Executive John B. Spath Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John B. Spath, an executive at Talos Energy Inc., reported a transaction involving the disposal of common stock to satisfy tax withholding obligations.
Summary
- On March 8, 2024, John B. Spath, Executive Vice President and Head of Operations at Talos Energy Inc., reported a transaction.
- The transaction involved the disposal of 1,106 shares of common stock at a price of $12.72 per share.
- This disposal was to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units under the Talos Energy Inc. 2021 Long Term Incentive Plan.
- Following the transaction, Spath directly owns 49,715 shares of Talos Energy Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, with neutral sentiment.
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 has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: Disposal of common stock. |
| 03/12/2024 | Date of signature for the Form 4 filing. |
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