Form 4: Talos Energy Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Gregory Babcock, Chief Accounting Officer of Talos Energy, disposed of 271 shares of common stock to satisfy tax withholding obligations.
Summary
- On July 1, 2024, Gregory Babcock, the Chief Accounting Officer of Talos Energy Inc., disposed of 271 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of previously granted restricted stock units under the company's 2021 Long Term Incentive Plan.
- The shares were sold at a price of $12.15 per share.
- Following the transaction, Babcock directly owns 46,765 shares of Talos Energy Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes) and doesn't indicate any significant positive or negative sentiment.
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 |
|---|---|
| 07/01/2024 | Date of transaction: Gregory Babcock disposed of 271 shares of Talos Energy Inc. |
| 07/02/2024 | Date of report filing. |
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