Babcock Gregory 4/A
Research Summary
AI-generated summary
Talos Energy (TALO) VP Gregory Babcock Receives RSU Award
What Happened
Gregory Babcock, Vice President and Chief Accounting Officer of Talos Energy (TALO), was granted 18,691 restricted stock units (RSUs) on March 5, 2026 (transaction code A — award/grant). The RSUs were issued under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan and carry a reported acquisition price of $0 (they are contingent rights to receive shares upon vesting).
Key Details
- Transaction date: March 5, 2026 — Grant of 18,691 RSUs (code A); reported acquisition price $0.
- Vesting: RSUs vest ratably on March 5, 2027; March 5, 2028; and March 5, 2029.
- Plan: Issued under Talos Energy’s Amended and Restated 2021 Long Term Incentive Plan.
- Beneficial ownership after transaction: 146,254 shares (as of this amended filing).
- Filing history/amendments: Original Form 4 filed March 9, 2026 (which initially misreported 23,364 RSUs and incorrect ownership figures), amended March 12, 2026, and this amended Form 4 filed May 7, 2026 to correct the RSU count and beneficial ownership. The May 7 filing restates the March 9 transaction to reflect the correct 18,691 RSUs.
- Note on codes: A = Award/Grant; RSUs are not an immediate market purchase or sale.
Context
RSUs represent a contingent right to receive one share per RSU when they vest; they do not transfer shares to the insider immediately and typically reflect compensation rather than an immediate trading signal. This filing is an administrative correction to prior reported amounts; amendements like this clarify the official grant size and the insider’s beneficial ownership.