Sable Offshore Corp.·4

Apr 2, 5:24 PM ET

Patrinely Gregory D. 4

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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.