Dailey Zachary B. 4/A
Research Summary
AI-generated summary
Talos Energy (TALO) CFO Zachary B. Dailey Receives RSU Award
What Happened
- Zachary B. Dailey, Executive Vice President and Chief Financial Officer of Talos Energy (TALO), was granted 56,074 restricted stock units (RSUs) on March 5, 2026. The RSUs were reported as acquired at $0.00 (non-cash award) and represent a contingent right to one share each.
- The RSUs vest ratably on March 5, 2027, March 5, 2028 and March 5, 2029. This is a compensation award (not an open-market purchase or sale).
Key Details
- Transaction date: March 5, 2026; Grant type: Award/Acquisition (A); Amount: 56,074 RSUs; Reported price: $0.00.
- Beneficial ownership: Reporting person beneficially owns 85,124 shares as of the date of this amended filing.
- Amended filing: Original Form 4 filed March 9, 2026 inadvertently reported 70,093 RSUs and an incorrect post-transaction ownership figure; this amended Form 4 (filed May 7, 2026) corrects the grant to 56,074 RSUs and confirms 85,124 shares owned.
- Plan: RSUs issued under the Amended and Restated Talos Energy Inc. 2021 Long Term Incentive Plan.
- No sale or purchase reported; this is a time-vesting compensation award.
Context
- RSUs are deferred compensation that convert to shares upon vesting; they are not an immediate cash purchase and do not signal an immediate market transaction.
- Awards to executives are common as part of compensation programs; purchases by insiders are generally considered a stronger direct indicator of personal bullishness than grants.