GOLDMAN NEAL P 4
4 · TALOS ENERGY INC. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Talos (TALO) Director Neal Goldman Exercises RSUs; 10,211 Shares Withheld
What Happened
Neal P. Goldman, a director of Talos Energy Inc., had 25,528 restricted stock units (RSUs) vest on March 10, 2026 and converted them into common shares. Per his settlement election, 40% (10,211 shares) were surrendered to the issuer for cash settlement/withholding at $12.94 per share, generating $132,130. The remaining 60% (approximately 15,317 shares) were delivered to Mr. Goldman. The RSUs carried no exercise price (exercise/conversion reported at $0).
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (appears timely).
- Derivative conversion: 25,528 RSUs converted into shares (reported as "M" — exercise/conversion; $0 exercise price).
- Disposition to issuer: 10,211 shares withheld/settled at $12.94/share for $132,130 (reported as "D").
- Net shares delivered to insider: ~15,317 shares (60% of vested RSUs).
- Footnote: RSUs were granted March 10, 2025 under Talos’ 2021 LTIP and vested March 10, 2026; settlement election was 60% shares / 40% cash.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- This was a standard RSU vesting/settlement event with a portion withheld to cover taxes/cash settlement — not an open‑market sale to a third party. Such withholding is routine and does not necessarily indicate a change in insider sentiment.
- For clarity: "M" entries reflect conversion/exercise of a derivative (RSU-to-share conversion here); the $0 exercise price means no cash was paid to convert the units.
Insider Transaction Report
Form 4
GOLDMAN NEAL P
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-10+25,528→ 87,777 total - Disposition to Issuer
Common Stock
2026-03-10$12.94/sh−10,211$132,130→ 77,566 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-10−25,528→ 0 total→ Common Stock (25,528 underlying)
Footnotes (1)
- [F1]The restricted stock units ("RSUs") were granted on March 10, 2025 and vested on March 10, 2026. The RSUs represent the economic equivalent of one share of common stock, par value $0.01 per share (a "Share") of Talos Energy Inc. The RSUs were granted pursuant to the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan. Pursuant to the terms of the award agreement and the reporting person's settlement election, 60% of the RSUs were settled in Shares and 40% were settled in cash.
Signature
/s/ William S. Moss III, attorney-in-fact|2026-03-12