JUNEAU JOHN B 4

What Happened

• John B. Juneau, a director of Talos Energy Inc. (TALO), had restricted stock units (RSUs) vest on March 10, 2026 and those RSUs were settled in common shares. The Form 4 shows an exercise/conversion (transaction code M) resulting in 17,759 shares acquired. The filing also records a matching derivative disposition of 17,759 shares at $0 (administrative/transaction reporting entry).
• No cash exercise price is reported; the transaction reflects vesting and settlement of RSUs into shares rather than a purchase or open-market sale.

Key Details

• Transaction date: March 10, 2026 (reported on Form 4 filed March 12, 2026).
• Reported entries: 17,759 shares acquired via conversion (M) and a corresponding 17,759-share derivative disposition at $0.
• Shares owned after the transaction: not specified in the filing.
• Footnote: The RSUs were granted March 10, 2025 under the Talos Energy 2021 Long Term Incentive Plan and vested March 10, 2026; 100% of the RSUs were settled in shares per the reporting person's election.
• Timeliness: Form 4 filed two days after the vesting date (appears within the usual 2-business-day Form 4 reporting window).

Context

• This is an RSU vesting/settlement event (administrative equity compensation), not an open-market buy or sale. Such awards are routine for executives/directors and reflect compensation realization rather than a directional trading signal.
• The filing shows both an acquisition and a zero-dollar derivative disposition entry; the footnote clarifies the shares resulted from RSU settlement.