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Teekay director plans 400-share stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TEEKAY CORP LTD (TK) is the issuer for which director Heidi Locke Simon has filed a Form 144 notice to potentially sell 400 shares of common stock through Morgan Stanley Wealth Management Canada Inc. with an aggregate market value of $5,972.00 as of September 17, 2026.

The shares to be sold were acquired on June 7, 2023 through an exercise of options under a registered plan. The notice also lists prior sales in the past three months by Heidi Locke Simon totaling several tens of thousands of dollars in proceeds.

Positive

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Negative

  • None.
Proposed shares to be sold 400 shares Common stock in Form 144 notice for potential sale
Aggregate market value of proposed sale $5,972.00 400 Teekay common shares as of September 17, 2026
Shares sold on June 22, 2026 18,119 shares Teekay common stock sold by Heidi Locke Simon
Proceeds from June 22, 2026 sale $224,166.22 Teekay common stock sold by Heidi Locke Simon
Shares sold on August 20, 2026 2,581 shares Teekay common stock sold by Heidi Locke Simon
Proceeds from August 20, 2026 sale $24,043.39 Teekay common stock sold by Heidi Locke Simon
Shares sold on September 10, 2026 11,585 shares Teekay common stock sold by Heidi Locke Simon
Proceeds from September 10, 2026 sale $163,119.30 Teekay common stock sold by Heidi Locke Simon
Form 144 regulatory
"Name of Person for Whose Account the Securities are To Be Sold | Locke Simon Heidi"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Exercise of options under a registered plan financial
"Common Stock | 06/07/2023 | Exercise of options under a registered plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Teekay Corp Ltd (TK) disclose in this Form 144 filing?

The filing states that a director, Heidi Locke Simon, filed a Form 144 notice for the potential sale of 400 shares of Teekay Corp Ltd common stock, with an aggregate market value of $5,972.00 as of September 17, 2026.

How many Teekay (TK) shares does the director plan to sell and through which broker?

The Form 144 reports a proposed sale of 400 shares of Teekay Corp Ltd common stock through Morgan Stanley Wealth Management Canada Inc., with an aggregate market value of $5,972.00 and an anticipated sale date of September 17, 2026.

What prior Teekay (TK) stock sales by the director are disclosed over the last three months?

The notice lists sales of Teekay common stock by Heidi Locke Simon of 18,119 shares for $224,166.22 on June 22, 2026, 2,581 shares for $24,043.39 on August 20, 2026, and 11,585 shares for $163,119.30 on September 10, 2026.

How were the Teekay (TK) shares in the planned Form 144 sale acquired?

The Form 144 states the 400 shares proposed for sale were acquired on June 7, 2023 through an exercise of options under a registered plan of Teekay Corporation Ltd.

Who is the person selling Teekay (TK) shares under this Form 144?

The person for whose account the securities are to be sold is Heidi Locke Simon, identified in the filing as a director of Teekay Corp Ltd. Her signature on the notice is dated September 17, 2026.

On which market are the Teekay (TK) shares in this Form 144 listed?

The Form 144 identifies the security as Teekay Corp Ltd Common Stock listed on the NYSE, relating to the 400 shares proposed for sale with an aggregate market value of $5,972.00.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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