Sabre (SABR) EVP Rochelle Boas Receives RSUs; Shares Surrendered

What Happened

• Rochelle Boas, Executive Vice President and Chief Legal Officer of Sabre Corp (SABR), received a grant of 323,232 restricted share units (RSUs) on 2026-05-15 (coded as an acquisition/award, "A").
• On the same date, 42,134 shares were automatically surrendered to the company to satisfy tax withholding obligations at a reported price of $1.59 per share, yielding $67,204 (coded as disposition for tax withholding, "F").
• The RSU grant is an award, not a market purchase; the surrendered shares were used to cover taxes rather than representing an open-market sale.

Key Details

• Transaction dates: 2026-05-15 (grant and tax-surrender); Form 4 filed 2026-05-19 (within the usual two-business-day filing window).
• Prices and values: 42,134 shares surrendered at $1.59 each = $67,204; RSUs reported at $0.00 (grant reported, no cash paid).
• Vesting: The RSU award vests 50% on 5/15/27 and 50% on 5/15/28, subject to continued employment (footnote).
• Footnotes: F1 notes the automatic surrender to satisfy withholding; F2 describes the RSU vesting schedule.
• Shares owned after the transactions: Not specified in the filing.

Context

• This filing reflects an equity award (RSUs) plus routine tax withholding via share surrender — common for vested or newly granted restricted shares and not necessarily a signal of buying or selling intent.
• These were not option exercises or open-market trades; the acquisition is an award that vests over time, and the disposition is a tax-related surrender (cashless withholding mechanism).