COUTURIER HERVE 4
Research Summary
AI-generated summary
Sabre (SABR) Director Herve Couturier Receives RSU Award Worth $200K
What Happened
Herve Couturier, a director of Sabre Corporation (SABR), received an award of 110,497 restricted stock units (RSUs) on 2026-04-29. The filing values the award at $1.81 per share, for a total reported grant value of $200,000. This was an equity award (transaction code A), not an open-market purchase or sale — the shares are subject to vesting and are not immediately tradable.
Key Details
- Transaction date: 2026-04-29; Form 4 filed: 2026-05-01.
- Award: 110,497 RSUs at $1.81 per share; total reported grant value $200,000.
- Transaction code: A (award/grant).
- Vesting: 100% of the shares vest one year after the grant date, subject to Couturier’s continued service on the board (per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: No late filing flag shown; filing appears timely.
Context
RSU grants are a common form of director compensation and typically vest over time; they do not represent an immediate purchase or sale that signals a near-term market view. Because these units vest only after continued service, the award aligns Couturier’s incentives with long-term shareholder value but does not provide immediate liquidity or indicate trading by the director.