Control Empresarial de Capitales S.A. de C.V. 4

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.