Dailey Zachary B. 4
Research Summary
AI-generated summary
Talos Energy (TALO) CFO Zachary Dailey Receives RSU Award
What Happened
Zachary B. Dailey, Executive Vice President and Chief Financial Officer of Talos Energy Inc. (TALO), received a grant of 70,093 restricted stock units (RSUs) on March 5, 2026. The RSUs were granted at $0.00 (non-cash award) and represent contingent rights to receive one share of Talos common stock per RSU upon vesting. Total immediate cash value reported: $0 (award), with eventual share delivery dependent on vesting.
Key Details
- Transaction date: March 5, 2026. Form 4 filed March 9, 2026.
- Transaction type/code: A — Award/Grant of RSUs. Grant price: $0.00. Quantity: 70,093 RSUs.
- Vesting: RSUs vest ratably on March 5, 2027, March 5, 2028 and March 5, 2029 (per footnote). Each RSU converts to one share upon vesting.
- Plan: Issued under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan.
- Shares owned after transaction: Not specified in the provided excerpt.
- Filing timeliness: Form 4 was filed March 9, 2026 (covers the March 5 grant).
Context
RSU grants are a form of equity compensation that do not involve an open-market purchase or sale. They create a contingent right to future shares if the vesting conditions are met; they do not change the insider's share count until vesting and delivery occur. Such awards are routine for executives and reflect compensation structure rather than an immediate buy/sell signal.