Talos Energy Insider Sells $1.5 Million Worth of Shares
John B. Spath, an insider at Talos Energy (NYSE:TALO), sold 90,000 shares for a total value of $1.5 million on August 27, 2026, according to an SEC Form 4 filing. The sale occurred at prices ranging from $16.79 to $16.96 per share and was executed in multiple transactions above the closing price that day ($16.73). Spath still holds approximately 178,788 shares directly after this transaction. Talos Energy is an independent oil and gas exploration company with a market capitalization of $2.8 billion and trailing twelve-month (TTM) revenues of $2.0 billion. The firm operates in the U.S. Gulf of Mexico and offshore Mexico, focusing on deepwater hydrocarbon production. Despite recent revenue growth from around $1.0 billion to nearly $2.0 billion since 2021, Talos has reported a net loss over that period. The insider sale comes amid mixed performance for TALO stock compared to the broader market. Since 2021, it has delivered a total return of 37% versus 83% for the S&P 500 index.
Tickers: $TALO
Topics: energy SEC filings stock_sales