Teekay director plans 400-share stock sale
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
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Key Figures
Proposed shares to be sold: 400 shares
Aggregate market value of proposed sale: $5,972.00
Shares sold on June 22, 2026: 18,119 shares
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8 metrics
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
Key Terms
Form 144, Rule 144, Exercise of options under a registered plan
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.