Ekert Kurt Joseph 4

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.