SLEDGE CHARLES M 4

What Happened
Charles M. Sledge, a director of Talos Energy Inc. (TALO), had 17,759 restricted stock units (RSUs vest) on March 10, 2026. Per the award terms, 60% of the RSUs were settled in shares (about 10,655 shares) and 40% were settled in cash. The filing shows 7,104 shares were disposed to the issuer (withheld) at $12.94 per share for taxes, valued at $91,926, leaving a net delivery of roughly 3,551 shares to Sledge. This was an award/compensation settlement (not an open-market buy or sell).

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely filing).
• RSUs vested: 17,759 units (granted March 10, 2025; vested March 10, 2026).
• Settlement: 60% in shares (~10,655 shares), 40% in cash.
• Withholding: 7,104 shares were surrendered to the issuer at $12.94/share = $91,926 (reported as a disposition to issuer).
• Net shares delivered to insider: ~3,551 shares (10,655 gross shares less 7,104 withheld).
• Shares owned after transaction: not specified in the Form 4.
• Transaction codes: M = conversion/exercise of derivative (RSU conversion); D = disposition to issuer (share withholding for taxes).
• Footnote: RSUs were granted under the company’s 2021 Long Term Incentive Plan; settlement election resulted in 60% stock / 40% cash.

Context
This was a routine equity-compensation settlement (RSU vesting) and tax withholding, not a market purchase or discretionary sale by the director. For retail investors, these types of filings typically reflect compensation mechanics rather than a direct signal of insider buying or selling intent.