Flores James Caldwell 4
Research Summary
AI-generated summary
Sable Offshore (SOC) President Flores James Caldwell Sells 279,081 Shares
What Happened
- Flores James Caldwell, President and COO of Sable Offshore Corp. (SOC), sold 279,081 shares in a disposition reported on 2026-03-31. The shares were sold at $16.69 each for proceeds of $4,657,667. This was a sale (not a purchase) and the filing indicates the sale was to satisfy tax withholding obligations related to restricted stock vesting — a routine, non-promotional transaction.
Key Details
- Transaction date and price: 2026-03-31 — 279,081 shares @ $16.69 each = $4,657,667
- Reason/footnote: Footnote F1 — shares sold to cover tax withholding on vesting of restricted stock
- Shares owned after transaction: Not disclosed in the provided filing summary
- Filing date/timeliness: Form 4 filed 2026-04-02; appears to be filed within the standard reporting window
Context
- The sale was reported as a disposition to cover taxes on vested restricted stock, which is a common administrative sale and does not necessarily indicate a change in the insider’s view of the company. No option exercises, gift transfers, or 10%‑owner transactions are indicated in the provided filing.