Teekay Tankers (TNK) director receives 1,883 RSU award in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Locke Simon Heidi reported acquisition or exercise transactions in this Form 4 filing.
TEEKAY TANKERS LTD. director Heidi Locke Simon received a grant of 1,883 Restricted Stock Units on June 8, 2026 at a reference price of $71.66 per unit. Following this compensation-related award, her directly owned non-derivative holdings increased to 4,741 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Locke Simon Heidi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,883 | $71.66 | $135K |
Holdings After Transaction:
Restricted Stock Units — 4,741 shares (Direct, null)
Footnotes (1)
Key Figures
RSUs granted: 1,883 units
Grant reference price: $71.66 per unit
Holdings after grant: 4,741 units
3 metrics
RSUs granted
1,883 units
Restricted Stock Units awarded on June 8, 2026
Grant reference price
$71.66 per unit
Reported transaction price per Restricted Stock Unit
Holdings after grant
4,741 units
Total directly owned non-derivative units after transaction
Key Terms
Restricted Stock Units, Grant, award, or other acquisition, Form 4
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TNK director Heidi Locke Simon report?
Heidi Locke Simon reported receiving a grant of 1,883 Restricted Stock Units in Teekay Tankers. This was a compensation-related award, not an open-market trade, and increased her directly owned non-derivative holdings to 4,741 units after the transaction.
Was the TNK insider transaction a stock purchase or a grant?
The TNK insider transaction was a grant, not a market purchase. Director Heidi Locke Simon received 1,883 Restricted Stock Units as a compensation-related award, coded as an acquisition under transaction code A on June 8, 2026.
How many Teekay Tankers (TNK) units does Heidi Locke Simon hold after this filing?
After the reported grant, Heidi Locke Simon directly holds 4,741 non-derivative units in Teekay Tankers. This total reflects the addition of 1,883 Restricted Stock Units awarded on June 8, 2026, as disclosed in the Form 4 transaction details.
What does transaction code A mean in the TNK Form 4 filing?
Transaction code A in the TNK Form 4 indicates a “Grant, award, or other acquisition.” In this case, it reflects the compensation-related grant of 1,883 Restricted Stock Units to director Heidi Locke Simon rather than an open-market stock purchase.