MANDEL GAIL 4
Research Summary
AI-generated summary
Sabre (SABR) Director Gail Mandel Receives 110,497 RSU Award
What Happened
Gail Mandel, a director of Sabre Corporation (SABR), was granted 110,497 restricted stock units (RSUs) on April 29, 2026. The award is reported at $1.81 per share, with a total reported value of $200,000. This was an award/grant (Form 4 code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-29; Form 4 filed 2026-05-01. No late filing is indicated in the report.
- Grant details: 110,497 RSUs; reporting value $1.81/share; total $200,000.
- Vesting: 100% vests at the end of one year from the grant date, subject to continued board service. (Footnote)
- Deferral: 100% of shares to be deferred under the Sabre Non-Employee Director Compensation Deferral Plan per the reporting person's election. (Footnote)
- Shares owned after transaction: not specified in the provided excerpt.
Context
RSUs are a grant that convert to shares upon vesting and do not represent immediate transferable stock. Director RSU awards are common as compensation for non-employee board service; they are routine and do not by themselves indicate insider sentiment about the stock.