Teekay insider to sell 132,884 shares Sept. 11

TEEKAY CORP LTD (TK) reports that stockholder Kenneth Hvid has filed a notice to sell 132,884 common shares on September 11, 2026, through Morgan Stanley Smith Barney, following an exercise of options under a registered plan paid in cash.

Rhea-AI Filing Summary

TEEKAY CORP LTD (TK) reports that stockholder Kenneth Hvid has filed a notice to sell 132,884 common shares on September 11, 2026, through Morgan Stanley Smith Barney, following an exercise of options under a registered plan paid in cash. Shares outstanding total 87,691,000.

Key Figures

Shares to be sold: 132,884 shares Aggregate market value of shares: $1,897,596.81 Shares outstanding: 87,691,000 shares +2 more

5 metrics

Shares to be sold 132,884 shares Common shares proposed for sale by Kenneth Hvid on September 11, 2026

Aggregate market value of shares $1,897,596.81 Aggregate market value for 132,884 Teekay common shares referenced in the notice

Shares outstanding 87,691,000 shares Teekay common shares outstanding as of September 11, 2026

Prior sale on June 11, 2026 315,335 shares for $3,819,392.29 Common shares sold by Kenneth Hvid during the past three months

Prior sale on June 12, 2026 6,822 shares for $82,146.43 Additional common shares sold by Kenneth Hvid during the past three months

Key Terms

Rule 144, Exercise of Options Under a Registered Plan, aggregate market value

3 terms

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 | 09/11/2026 | Exercise of Options Under a Registered Plan |"

aggregate market value financial

"Common | Morgan Stanley Smith Barney LLC Executive Financial Services ... | 132884 | 1897596.81"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

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

What does Teekay (TK)'s latest Form 144 filing disclose?

It discloses that Kenneth Hvid plans to sell 132,884 Teekay common shares on September 11, 2026, after acquiring them by exercise of options under a registered plan and paying cash to the issuer.

How many Teekay (TK) shares is Kenneth Hvid registering for sale?

Kenneth Hvid is registering 132,884 common shares of Teekay for sale, with an aggregate market value of $1,897,596.81 as referenced in the Form 144 securities information section.

How many Teekay (TK) shares are outstanding in this Form 144 notice?

The notice states that 87,691,000 Teekay common shares are outstanding as of September 11, 2026, providing a context for the size of the 132,884-share proposed sale under Rule 144.

How were the Teekay (TK) shares to be sold by Kenneth Hvid acquired?

The 132,884 Teekay common shares to be sold were acquired on September 11, 2026 through an exercise of options under a registered plan, with consideration paid to the issuer in cash.

What prior Teekay (TK) share sales by Kenneth Hvid are disclosed?

In the past three months, the notice lists two sales of Teekay common shares by Kenneth Hvid: 315,335 shares on June 11, 2026 for $3,819,392.29 and 6,822 shares on June 12, 2026 for $82,146.43.

Which broker is handling the Teekay (TK) shares in this Form 144?

The securities information section identifies Morgan Stanley Smith Barney LLC Executive Financial Services, located at New York Plaza, as the broker associated with the 132,884 Teekay common shares referenced in the Form 144 notice.

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

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Available on EDGAR 09/11/2026 - 04:35 PM EDT Accepted by SEC EDGAR 09/11/2026 - 04:34 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001976945
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	TEEKAY CORPORATION LTD
SEC File Number	001-12874
Address of Issuer	2nd Floor, Swan Building 26 Victoria Street Hamilton BERMUDA HM12
Phone	(441) 298-2530
Name of Person for Whose Account the Securities are To Be Sold	KENNETH HVID
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	132884	1897596.81	87691000	09/11/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/11/2026	Exercise of Options Under a Registered Plan	Issuer			132884	09/11/2026	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
KENNETH HVID 2nd Floor, Swan Building 26 Victoria Street Hamilton D0 HM12	Common	06/12/2026	6822	82146.43
KENNETH HVID 2nd Floor, Swan Building 26 Victoria Street Hamilton D0 HM12	Common	06/11/2026	315335	3819392.29

144: Remarks and Signature

Remarks
Date of Notice	09/11/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Kenneth Hvid
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)