Duenner Anthony 4
Research Summary
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Sable Offshore (SOC) EVP Anthony Duenner Sells 279,081 Shares
What Happened Anthony Duenner, EVP, General Counsel and Secretary of Sable Offshore Corp. (SOC), sold 279,081 shares on March 31, 2026 at $16.69 per share, for a total of approximately $4,657,667. The filing reports this as a sale (S); the reported reason (footnote) is to cover tax withholding obligations tied to the vesting of restricted stock. Such sales to satisfy tax obligations are routine and differ from purchases that may indicate a bullish signal.
Key Details
- Transaction date and price: 2026-03-31 at $16.69 per share
- Shares sold / value: 279,081 shares; total proceeds ≈ $4,657,667
- Reported reason: Footnote F1 — shares sold to cover tax withholding on vested restricted stock
- Transaction type: Sale (S); described as an open market or private sale in the filing
- Filing date: Form 4 filed 2026-04-02 (covers the 2026-03-31 transaction)
- Shares owned after transaction: Not specified in the information provided
- No 10b5-1 plan or other plan noted in the provided details
Context Sales to cover tax withholding after restricted stock vests are common and are administrative rather than a direct signal about the insider’s view of the company. This report simply documents the disposition and the tax-related reason; it does not, by itself, imply a change in insider sentiment.