Patrinely Gregory D. 4
4 · Sable Offshore Corp. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Sable Offshore (SOC) EVP/CFO Gregory Patrinely Sells 279,081 Shares
What Happened
Gregory D. Patrinely, EVP and CFO of Sable Offshore Corp. (SOC), reported a sale of 279,081 shares on March 31, 2026. The shares were disposed at $16.69 per share for total proceeds of $4,657,667. This was a sale (not a purchase); according to the filing note, the shares were sold to satisfy tax withholding obligations tied to the vesting of restricted stock.
Key Details
- Transaction date: March 31, 2026; filing date (Form 4): April 2, 2026 (filed within the standard 2-business-day window).
- Transaction type/code: Sale (S) — reported as open market or private sale.
- Shares sold: 279,081 at $16.69 per share; total proceeds $4,657,667.
- Footnote: F1 — sale was to cover tax withholding related to vesting of restricted stock.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
Tax-withholding sales following restricted stock vesting are common and typically routine administrative transactions, rather than direct signals of insider sentiment. This filing reports a disposition to cover tax obligations rather than an independent, discretionary sale for liquidity or investment reasons.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-31$16.69/sh−279,081$4,657,667→ 442,794 total
Footnotes (1)
- [F1]The sale reported herein represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock.