SLEDGE CHARLES M 4
4 · TALOS ENERGY INC. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Talos Energy (TALO) Director Charles M. Sledge Receives RSU Award
What Happened
Charles M. Sledge, a director of Talos Energy Inc. (TALO), received a grant of 14,018 restricted stock units (RSUs) on March 5, 2026. The Form 4 shows the acquisition price as $0.00 because this was a derivative award (not an open-market purchase or sale). These RSUs are a compensation grant rather than an immediate share purchase or sale.
Key Details
- Transaction date: March 5, 2026; reported on Form 4 filed March 9, 2026 (filing not marked as late).
- Grant amount: 14,018 RSUs; reported acquisition price: $0.00 (derivative award).
- Shares owned after transaction: not disclosed in this filing.
- Footnote summary: RSUs were granted under the 2021 Long Term Incentive Plan and represent a contingent right to receive 60% in Talos common stock and 40% in cash (see F1).
- Vesting: contingent on continued service; RSUs vest on March 5, 2027, with delivery of vested shares/cash per any deferral election or on the vesting date (see F2).
Context
RSU grants are a common form of equity compensation for executives and directors. They do not represent immediately tradable shares—value is realized only if and when the RSUs vest and are settled (here, partially in shares and partially in cash). This type of award is informational about compensation and retention but is not the same signal as an insider purchase or sale.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-05+14,018→ 14,018 total→ Common Stock (14,018 underlying)
Footnotes (2)
- [F1]The restricted stock units ("RSUs") were granted pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan and represent a contingent right to receive 60% of such RSUs in shares of common stock, par value $0.01 per share ("Shares") of Talos Energy Inc. and 40% of such RSUs in cash if no settlement election was made to receive 100% in Shares.
- [F2]The RSUs will vest, contingent upon continued service, on March 5, 2027. Vested Shares and/or cash will be delivered to the reporting person on the date provided in such person's deferral election or the vesting date if no such election was made.