Paul Elaine 4
Research Summary
AI-generated summary
Sabre Director Paul Elaine Receives RSU Award (110,497 shares)
What Happened
- Paul Elaine, a director of Sabre Corporation (SABR), was granted 110,497 restricted stock units (RSUs) on 2026-04-29. The grant price is reported at $1.81 per share, valuing the award at $200,000. This transaction is recorded as an award/grant (code A), not a purchase or sale.
Key Details
- Transaction date: 2026-04-29; Form 4 filed: 2026-05-01 (timely within the reporting window).
- Award: 110,497 RSUs at $1.81 per share; aggregate value $200,000.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote (F1): The RSUs vest 100% one year after the grant date, contingent on continued service on the board; 100% of the shares will be deferred under Sabre’s Non-Employee Director Compensation Deferral Plan.
- Transaction code: A = Award/Grant. No 10b5-1 plan or sale/swap reported.
Context
- RSU grants to directors are typically part of regular compensation and do not necessarily signal a director’s near-term buying or selling intent. These units are time‑based awards that will convert to shares only if the vesting condition (continued board service for one year) is met; the shares are also subject to the company’s deferral plan per the footnote.