Babcock Gregory 4
Research Summary
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Talos (TALO) VP Gregory Babcock Receives RSU Award
What Happened Gregory Babcock, Vice President and Chief Accounting Officer of Talos Energy Inc. (TALO), was granted 23,364 restricted stock units (RSUs) on March 5, 2026. Separately, 5,339 shares were reported disposed at $13.24 each (totaling $70,688) to satisfy tax-withholding obligations related to previously granted RSUs.
Key Details
- Transaction dates: March 5, 2026 (grant and tax-withholding disposition).
- Grant: 23,364 RSUs granted at $0.00 (RSUs are contingent rights to receive shares).
- Withholding: 5,339 shares withheld/disposed at $13.24 each for ~$70,688 to cover taxes (transaction code F).
- Vesting/plan: RSUs issued under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan; vest ratably on March 5 of 2027, 2028 and 2029 (footnote).
- Shares owned after the transactions: not specified in the provided filing excerpt — see the full Form 4 for current holdings.
- Filing timeliness: Report filed 2026-03-09 for a 2026-03-05 transaction; this appears later than the standard two-business-day Form 4 filing window (i.e., may be late).
Context
- RSUs are not an immediate open-market purchase; they represent a future right to receive shares if vesting conditions are met. The 23,364 RSUs will convert to shares over the next three years per the vesting schedule.
- The 5,339-share disposition reflects tax withholding (common on vesting) rather than a voluntary sale for investment reasons; such withholdings are a routine administrative step and don’t necessarily indicate insider sentiment.