Teekay Corporation (NYSE: TK) proposes 18,119-share sale after option exercise
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Teekay Corporation Ltd. filed a Form 144 disclosing a proposed sale of 18,119 shares of Common Stock by a broker/dealer in connection with an exercise of options under a registered plan. The filing is dated 06/22/2026 and lists cash as the transaction consideration.
Positive
- None.
Negative
- None.
Insights
Routine broker notice of a proposed resale following option exercise; not a material corporate action.
This Form 144 records a broker-mediated proposed sale of 18,119 shares following an exercise of options under a registered plan. The filing indicates the sale method and that proceeds are in cash.
Such notices enable compliance with resale rules; timing and execution depend on holder and broker decisions and are not specified in the excerpt.
Key Figures
Shares to be sold: 18,119 shares
Filing/transaction date: 06/22/2026
Option grant/exercise date: 03/14/2019
3 metrics
Shares to be sold
18,119 shares
listed under "Securities To Be Sold"
Filing/transaction date
06/22/2026
date shown near securities and sale entries
Option grant/exercise date
03/14/2019
listed with "Exercise of options under a registered plan"
Key Terms
Form 144, Exercise of options under a registered plan, Common Stock
3 terms
Form 144 regulatory
"144: Filer Information | 144: Issuer Information"
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.
Exercise of options under a registered plan financial
"Common Stock | 03/14/2019 | Exercise of options under a registered plan"
Common Stock financial
"Common Stock | Morgan Stanley Wealth Management Canada Inc."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does Teekay (TK) disclose in this Form 144?
It discloses a proposed sale of 18,119 shares of Common Stock. The filing ties the sale to an exercise of options under a registered plan and lists cash as the consideration.
Who is listed as the issuer and what is the filing date for TK's Form 144?
The issuer is listed as Teekay Corporation Ltd. The form shows a filing/transaction date of 06/22/2026, as stated in the excerpt.