Control Empresarial de Capitales S.A. de C.V. 4
4 · TALOS ENERGY INC. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Talos Energy (TALO) 10% Owner Sells Shares
What Happened Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of Talos Energy, sold a total of 2,312,000 Talos shares in two transactions on March 26–27, 2026. The filing reports 960,000 shares sold on 2026-03-26 at a weighted average price of $16.65 for proceeds of $15,988,320, and 1,352,000 shares sold on 2026-03-27 at a weighted average price of $16.68 for proceeds of $22,551,630 — total proceeds about $38.54 million. Transactions are reported with sale code “S” (open market or private sale).
Key Details
- Transaction dates and reported weighted averages:
- 2026-03-26: 960,000 shares @ $16.65 — $15,988,320 (prices in range $16.5506–$16.81; F1)
- 2026-03-27: 1,352,000 shares @ $16.68 — $22,551,630 (prices in range $16.50–$16.895; F2)
- Total shares sold: 2,312,000; total reported proceeds: ~$38.54M.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Filing timeliness: Form 4 filed 2026-03-30 for trades on 2026-03-26 and 03-27 (reported as timely within the Form 4 window).
- Notable footnotes: weighted-average pricing ranges provided for each sale (F1, F2); Exhibit 99.1 is referenced/ incorporated (F3).
Context This filing is from a 10% reporting owner (a large shareholder), not an individual company executive. Sales by large holders can reflect portfolio rebalancing or other non-operational reasons and do not by themselves indicate management sentiment about company fundamentals. The filing is factual and does not state the motivation for the sales.
Insider Transaction Report
- Sale
Common Shares (as defined in Exhibit 99.1 hereto)
[F1][F3]2026-03-26$16.65/sh−960,000$15,988,320→ 42,585,604 total - Sale
Common Shares (as defined in Exhibit 99.1 hereto)
[F2][F3]2026-03-27$16.68/sh−1,352,000$22,551,630→ 41,233,604 total
Footnotes (3)
- [F1]1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $16.5506 to $16.81 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- [F2]Weighted average price. These shares were sold in multiple transactions at prices ranging from $16.50 to $16.895 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- [F3]See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.