CATTO JENNIFER 4

What Happened
Jennifer Catto, Sabre Corp (SABR) Executive Vice President & Chief Marketing Officer, received a grant of 323,232 restricted stock units (RSUs) on 2026-05-15. On the same date she automatically surrendered 35,307 shares (disposed) at $1.59 per share to satisfy tax withholding obligations, totaling $56,315. The RSU grant is an award (not a cash purchase) and does not represent an open-market buy or sale.

Key Details

• Transaction dates: 2026-05-15 (grant and automatic share surrender); Form 4 filed 2026-05-19 (filed within the two-business-day window — timely).
• Grant: 323,232 RSUs (transaction code A); reporting value shown as $0 for the grant on the Form 4.
• Tax withholding: 35,307 shares surrendered (transaction code F) at $1.59/share → $56,315 used to satisfy tax liability.
• Vesting: RSUs vest 50% on 2027-05-15 and 50% on 2028-05-15, subject to continued employment (see footnote).
• Shares owned after transaction: not specified in the filing.
• Codes explained simply: A = award/grant of RSUs; F = shares surrendered to cover tax withholding (cashless/tax-satisfaction).

Context

• This was an equity award with an automatic surrender to cover taxes, not an open-market sale. Such tax-withholding share surrenders are routine and do not necessarily indicate the insider's market view. The RSUs vest over two years (50% each year) subject to continued employment.