SEAN E. MENKE - 09 Feb 2024 Form 4 Insider Report for Sabre Corp (SABR)

Signature
/s/ Steve W. Milton as attorney-in-fact for Sean Menke
Issuer symbol
SABR
Transactions as of
09 Feb 2024
Net transactions value
-$203,760
Form type
4
Filing time
09 Feb 2024, 16:05:07 UTC
Previous filing
17 Jan 2024
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SABR Common Stock Sale $203,760 -50,000 -3.2% $4.08 1,517,340 09 Feb 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan executed by the Reporting Person on August 9, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.03 to $4.12, inclusive. The Reporting Person undertakes to provide to Sabre Corporation, any security holder of Sabre Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.