Control Empresarial de Capitales S.A. de C.V. 4
4 · TALOS ENERGY INC. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Talos Energy (TALO) 10% Owner Sells 434,000 Shares
What Happened
Control Empresarial de Capitales S.A. de C.V., reported as a >10% owner of Talos Energy (TALO), sold a total of 434,000 shares in two open-market transactions. On 2026-05-18 it disposed of 284,000 shares for a weighted average price of $16.38 (proceeds ≈ $4,651,721; price range $16.35–$16.4685 per footnote F1). On 2026-05-19 it disposed of 150,000 shares for a weighted average price of $16.38 (proceeds ≈ $2,457,015; price range $16.28–$16.45 per footnote F2). Total reported proceeds across both days were about $7,108,736. These were sales (not purchases), which are typically routine liquidity or portfolio-management transactions rather than a bullish signal.
Key Details
- Transaction dates: 2026-05-18 (284,000 shares) and 2026-05-19 (150,000 shares).
- Reported weighted average price: $16.38 for both days; see F1 and F2 for detailed price ranges and that shares were sold in multiple trades.
- Total shares sold: 434,000; total proceeds ≈ $7,108,736.
- Shares owned after the transactions: not disclosed in the provided filing details.
- Notable exhibits/notes: F1 and F2 explain weighted-average pricing and per-trade ranges; F3 incorporates Exhibit 99.1 into the filing.
- Filing timeliness: Reported Period of Report 2026-05-18 and filed 2026-05-20 — filed within the usual two-business-day Form 4 window (timely).
Context
This filing is by a reported 10%+ owner (an institutional/entity holder), not an individual officer or director. Such sales can reflect portfolio rebalancing or liquidity needs and do not, by themselves, indicate company prospects. The filing includes price-range footnotes and an incorporated exhibit (Exhibit 99.1) for more detail.
Insider Transaction Report
- Sale
Common Shares (as defined in Exhibit 99.1 hereto)
[F1][F3]2026-05-18$16.38/sh−284,000$4,651,721→ 40,949,604 total - Sale
Common Shares (as defined in Exhibit 99.1 hereto)
[F2][F3]2026-05-19$16.38/sh−150,000$2,457,015→ 40,799,604 total
Footnotes (3)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $16.35 to $16.4685 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 $16.28 to $16.45 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.