Newhouse Phyllis 4
Research Summary
AI-generated summary
Sabre (SABR) Director Phyllis Newhouse Receives RSU Award
What Happened
Phyllis Newhouse, a director of Sabre Corp (SABR), was granted 110,497 restricted stock units (RSUs) on 2026-04-29 at an implied value of $1.81 per share, totaling $200,000. This was an award/acquisition (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-04-29; Filing date: 2026-05-01 (filed within the usual Form 4 reporting window).
- Grant: 110,497 shares; price/value per share listed as $1.81; total value $200,000.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: The RSU award vests 100% at the end of one year from the grant date, subject to Newhouse’s continued service on the board through the vesting date.
- Transaction type: A = Award/Grant (not a sale or market purchase).
Context
RSUs are compensation awards that convert into shares only after they vest; Newhouse cannot sell these shares until vesting and any applicable transfer rules are met. Awards like this typically reflect board compensation practices rather than immediate trading sentiment.