Patrinely Gregory D. 4

4 · Sable Offshore Corp. · Filed Apr 30, 2026

AI-generated summary of this filing

Updated May 1, 2026

Sable Offshore (SOC) EVP/CFO Gregory Patrinely Sells 80,054 Shares

What Happened

Gregory D. Patrinely, EVP and CFO of Sable Offshore Corp. (SOC), had restricted stock units (RSUs) convert to common stock and sold a portion to cover tax withholding. The filing shows 100,000-share RSU settlements on April 28 and April 29, 2026, and open-market sales of 40,743 shares at $13.33 (≈ $543,055) and 39,311 shares at $13.56 (≈ $533,210), for total proceeds of about $1,076,265. The sales were reported as tax-withholding transactions rather than discretionary liquidations.

Key Details

Transaction dates: April 28 & April 29, 2026.
Sales: 40,743 shares @ $13.33 (≈ $543,055) and 39,311 shares @ $13.56 (≈ $533,210); total shares sold = 80,054; total proceeds ≈ $1,076,265. Price shown is a weighted average for multiple trades (see footnote).
Derivative/settlement entries: two 100,000-share "exercise/conversion" (RSU settlement) entries—one on each date.
Footnotes: F1 = each RSU converts to one share; F2 = sales were to cover tax withholding on RSU vesting; F3 = reported price is a weighted average; F4 = RSUs vest in five equal annual installments.
Shares owned after transaction: not specified in the provided filing.
Filing timeliness: Report filed April 30, 2026 for April 28–29 transactions — appears timely (not marked late).

Context

These transactions reflect RSU vesting and immediate share sales to satisfy tax withholding obligations (a routine, cashless-like settlement), not an open-market buy decision. Such tax-withholding sales are common after awards vest and do not necessarily indicate an insider’s view on the company’s prospects.

Form 4

Period: 2026-04-28

EVP, CFO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-04-28+100,000→ 542,794 total
Sale
Common Stock
[F2][F3]
2026-04-28$13.33/sh−40,743$543,055→ 502,051 total
Exercise/Conversion
Common Stock
[F1]
2026-04-29+100,000→ 602,051 total
Sale
Common Stock
[F2][F3]
2026-04-29$13.56/sh−39,311$533,210→ 562,740 total
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-04-28−100,000→ 900,000 total
→ Common Stock (100,000 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-04-29−100,000→ 800,000 total
→ Common Stock (100,000 underlying)

Footnotes (4)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
[F2]The sale reported herein represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units.
[F3]The price reported in Column 4 is a weighted average price. The Common Stock was sold in multiple transactions within a dollar price range. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Stock sold at each separate price.
[F4]The RSUs vest in five equal annual installments.

Signature

/s/ Gregory D. Patrinely|2026-04-30

1 file