FINKELSTEIN ANDREW 4

What Happened

• Andrew Finkelstein, Sabre Corp’s EVP & Chief Commercial Officer, had restricted stock units (RSUs) vest and received awards on May 15, 2026. He was issued 15,087 vested shares and a new grant of 242,424 RSUs (total 257,511 awarded). To satisfy tax withholding on vested awards, he automatically surrendered 38,092 shares at $1.59 per share, with the surrendered shares valued at about $60,757. The awards include performance-based and time-based RSUs; part of the activity reflects non‑discretionary tax withholding, not open-market selling.

Key Details

• Transaction date: 2026-05-15. Price for surrendered shares: $1.59 per share.
• Shares acquired: 15,087 shares issued on vesting (paid out) + 242,424 RSUs granted (new award at $0.00).
• Shares surrendered (disposed to issuer for tax withholding): 13,746; 12,450; 6,261; and 5,635 — total 38,092 shares, aggregated value reported ≈ $60,757.
• Footnotes of note:
  • Several disposals were automatic share surrenders to Sabre upon RSU vesting to satisfy tax-withholding obligations (grants from May 15 of 2023, 2024 and 2025).
  • The 15,087 shares were a payout of vested performance-based RSUs from a May 15, 2023 grant.
  • The 242,424-share award is a new RSU grant that vests 50% on 5/15/27 and 50% on 5/15/28 (subject to continued employment).
• Shares owned after the transaction: not specified in the provided filing details.
• Filing timeliness: no late-filing indication provided in the supplied data.

Context

• These transactions are primarily awards and tax-withholding surrenders (transaction code A for awards/grants; F for shares surrendered to satisfy tax withholding). Automatic surrenders to cover taxes are routine and do not necessarily signal a personal liquidity-driven open-market sale.
• The new 242,424 RSU grant vests in future installments (50/50 over 2027–2028) and is not immediately liquid.