Form 4: Talos Energy Executive William S. Moss III Reports Stock Transactions
SEC Form 4 Filing
William S. Moss III, Executive Vice President, General Counsel & Secretary of Talos Energy Inc., reports the vesting and settlement of restricted stock units and associated tax withholding.
Summary
- On March 8, 2024, William S. Moss III, an executive at Talos Energy Inc., had 10,506 restricted stock units (RSUs) vest.
- These RSUs were settled on a one-for-one basis in common stock.
- Additionally, 4,135 shares of common stock were withheld to satisfy tax obligations related to the vesting of the RSUs at a price of $12.72.
- Following these transactions, Moss directly owns 218,804 shares of Talos Energy Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications for the company's overall performance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, which is common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
- The transactions have a minor impact on employees as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/08/2021 | Date the Talos Energy Inc. 2021 Long Term Incentive Plan was adopted. |
| 03/08/2024 | Date of RSU vesting and stock transactions. |
| 03/12/2024 | Date of Form 4 filing. |
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