Kelly Eric 4
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Sabre (SABR) Director Eric Kelly Receives Award
What Happened Eric Kelly, a director of Sabre Corporation (SABR), was granted 110,497 restricted stock units (RSUs) on 2026-04-29 (reported on Form 4 filed 2026-05-01). The award is reported as an acquisition (code A) with an implied grant price/value of $1.81 per share for a total grant value of $200,000. This was a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-29; Form 4 filed: 2026-05-01 (filed within standard reporting window).
- Award: 110,497 RSUs at $1.81 per-share implied value; total reported value $200,000 (transaction code A).
- Shares owned after transaction: Not specified in the provided Form 4.
- Footnote (F1): The RSUs vest 100% at the end of one year following the grant date, contingent on continued service as a director, and 100% of the shares will be deferred per Kelly’s election under the Sabre Non-Employee Director Compensation Deferral Plan.
- Filing timeliness: Reported within two business days of the transaction (no late filing flag).
Context This is a typical non-employee director compensation award subject to time-based vesting and deferral, so the shares are not immediately tradable. Such grants are routine for board members and reflect compensation arrangements rather than an immediate market purchase or sale.