Form 4: Talos Energy Inc. Director Szabo Shandell Reports Acquisition of Restricted Stock Units

Director Szabo Shandell reports acquisition of 17,759 restricted stock units in Talos Energy Inc.

Summary

• On March 10, 2025, Shandell Szabo, a director of Talos Energy Inc., acquired 17,759 restricted stock units (RSUs).
• These RSUs were granted under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan.
• Each RSU represents a contingent right to receive 60% in shares of common stock and 40% in cash, unless a 100% share settlement election is made.
• The RSUs will vest on March 10, 2026, contingent upon continued service.
• Vested shares and/or cash will be delivered based on the reporting person's deferral election or the vesting date if no election is made.
• Following the transaction, Szabo directly owns 17,759 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices. The grant of RSUs is a positive sign of aligning management interests with shareholder value.

Positives

• The grant of RSUs aligns the director's interests with the long-term performance of Talos Energy Inc.
• The vesting schedule encourages continued service and commitment from the director.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting date of the RSUs.

Industry Context

This is a standard practice for incentivizing and retaining key personnel in publicly traded companies, particularly in the energy sector.

Stakeholder Impact

• Shareholders: The grant of RSUs aligns the director's interests with the long-term performance of the company, potentially benefiting shareholders.
• Employees: The incentive plan may contribute to a positive work environment by aligning employee and management goals.

Key Dates