Ekert Kurt Joseph 4
4 · Sabre Corp · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Sabre (SABR) CEO Kurt Ekert Receives Awards; Surrenders Shares for Taxes
What Happened Kurt Joseph Ekert, Sabre Corp (SABR) President, CEO and Director, reported awards and automatic share surrenders on 2026-05-15. He was credited with two RSU awards totaling 2,055,251 shares (237,069 shares and 1,818,182 shares) at $0.00 and, at the same time, automatically surrendered 426,006 shares (four separate surrenders of 124,133; 104,934; 103,652; and 93,287 shares) at $1.59 each to satisfy tax withholding obligations, generating total proceeds of approximately $679,480. Net of the withheld shares, the reporting person’s position increased by 1,629,245 shares (2,055,251 awarded minus 426,006 surrendered).
Key Details
- Transaction date: 2026-05-15 (Form 4 filed 2026-05-19).
- Disposals (automatic tax withholding): 124,133; 104,934; 103,652; 93,287 shares — all at $1.59, total proceeds ≈ $679,480.
- Acquisitions (awards/grants): 237,069 shares and 1,818,182 shares at $0.00 (total acquired = 2,055,251).
- Footnotes: surrenders were automatic to satisfy tax withholding on RSU vesting (grants dated May 15, 2023; 2024; 2025). One award (1,818,182 RSUs) is a new restricted share unit grant that vests 33 1/3% each year on 5/15/27–5/15/29, subject to continued employment. Another award includes performance-based RSUs that vested and were paid out in shares.
- Shares owned after the transactions were not disclosed in the provided data.
- Filing timing: Form 4 was filed 5/19/2026 reporting 5/15/2026 transactions; this filing appears to be within the typical Form 4 reporting window.
Context
- These transactions combine vesting/payments and a new long-term RSU grant. The surrenders were tax-withholding events (routine and not open-market sales by choice). The larger 1,818,182-share grant is largely unvested and will vest in thirds over the next three anniversaries, so its economic impact is subject to future vesting and continued employment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-15$1.59/sh−124,133$197,992→ 2,480,594 total - Tax Payment
Common Stock
[F2]2026-05-15$1.59/sh−104,934$167,370→ 2,375,660 total - Tax Payment
Common Stock
[F3]2026-05-15$1.59/sh−103,652$165,325→ 2,272,008 total - Award
Common Stock
[F4]2026-05-15+237,069→ 2,509,077 total - Tax Payment
Common Stock
[F5]2026-05-15$1.59/sh−93,287$148,793→ 2,415,790 total - Award
Common Stock
[F6]2026-05-15+1,818,182→ 4,233,972 total
Footnotes (6)
- [F1]This transaction represents the automatic surrender of shares to the issuer upon vesting of restricted shares units granted on May 15, 2024 to satisfy the reporting person's tax withholding obligations.
- [F2]This transaction represents the automatic surrender of shares to the issuer upon vesting of restricted shares units granted on May 15, 2025 to satisfy the reporting person's tax withholding obligations.
- [F3]This transaction represents the automatic surrender of shares to the issuer upon vesting of restricted shares units granted on May 15, 2023 to satisfy the reporting person's tax withholding obligations.
- [F4]Represents performance-based restricted share units that have vested and are paid out in shares of common stock from a grant dated May 15, 2023.
- [F5]This transaction represents the automatic surrender of shares to the issuer upon vesting of performance-based restricted shares units granted on May 15, 2023 to satisfy the reporting person's tax withholding obligations.
- [F6]The reporting person received a grant of restricted share units on the transaction date. The restricted share units award vests as follows: 33 1/3% on the first anniversary of the date of grant (5/15/27), 33 1/3% on the second anniversary of the date of grant (5/15/28), and 33 1/3% on the third anniversary of the date of grant (5/15/29), subject to the reporting person's continued employment with the Issuer through each vesting date.