STOCK TITAN

Teekay Corporation (NYSE: TK) proposes 18,119-share sale after option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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"
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.
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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

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.

Does the Form 144 state how the shares will be sold for TK?

The form indicates the sale involves a broker/dealer and lists sale consideration as cash. Specific distribution methods and execution timing are not provided in the excerpt.

What triggered the proposed sale of TK shares in this filing?

The excerpt states the sale is connected to an exercise of options under a registered plan dated 03/14/2019, which produced shares subject to resale.