Sabre Corp·4

May 19, 4:07 PM ET

BOAS ROCHELLE 4

Research Summary

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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).