The cluster of insider selling ahead of a disappointing earnings report is a bearish signal. Monitor for additional insider sales and any updates on debt refinancing, given the company's $956M short-term debt.
Price Chart
Executive Summary
Four top executives at Sable Offshore Corp., including the CEO, CFO, and COO, sold shares totaling $2.53M on April 29, just two days before the company reported a Q1 2026 net loss of $197M. The sales represent about 0.13% of market cap and signal insider pessimism ahead of poor results.
Key Financial Metrics
Key Facts
- CEO James Flores sold 68.8K shares for $933K on April 29
- CFO Gregory Patrinely sold 39.3K shares for $533K
- COO James Caldwell sold 39.3K shares for $533K
- Another executive (Anthony Duenner) sold 39.3K shares for $533K
- Total insider sales: $2.53M
- Sales occurred 2 days before Q1 earnings reported a $197M net loss
- Two directors received equity grants (non-cash) on May 6
Financial Impact
Insider sales of $2.53M, representing 0.13% of $1.9B market cap
Risk Factors
- Further insider selling could pressure the stock
- Debt refinancing uncertainty and cash burn
- Potential negative reaction to Q1 loss details
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SOC-1778275610789 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | SC 13G | $3.19 | awaiting T+60 | — | $3.13 (−1.88%) |
Oct 8, 2026 18d ago | SC 13G/A | $3.72 | awaiting T+60 | — | $3.13 (−15.86%) |
Jul 1, 2026 16w ago | 424B5 | $4.25 $3.97 | ▲ +6.59% | ▲ +9.60% | $3.13 (+26.35%) |
Jul 1, 2026 16w ago | 424B5 | $4.40 $3.97 | ▲ +9.77% | ▲ +12.73% | $3.13 (+28.86%) |
Jun 30, 2026 16w ago | 424B5 | $3.08 $4.15 | ▼ −34.74% | ▼ −31.18% | $3.13 (−1.62%) |
Jun 30, 2026 16w ago | 424B5 | $3.08 $4.15 | ▼ −34.74% | ▼ −31.18% | $3.13 (−1.62%) |
Jun 22, 2026 18w ago | 8-K | $9.37 $4.96 | ▼ −47.07% | ▼ −48.81% | $3.13 (−66.60%) |
Jun 17, 2026 18w ago | Court Ruling | $10.25 $5.17 | ▲ +49.56% | ▲ +52.71% | $3.13 (+69.46%) |
Jun 16, 2026 18w ago | 8-K | $9.99 $4.92 | ▼ −50.75% | ▼ −51.75% | $3.13 (−68.67%) |
May 6, 2026 24w ago | 8-K | $12.83 $4.82 | ▲ +62.43% | ▲ +66.26% | $3.13 (+75.60%) |
US Market Status
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