Teekay (NYSE: TK) files notice to sell 63,042 shares under Rule 144

Rhea-AI Filing Summary

Teekay Corporation Ltd. filed a Form 144 proposing the sale of 63,042 shares of Common Stock under Rule 144. The notice shows two option-exercise lots of 41,457 and 21,585 shares, with a sale date listed as 06/17/2026.

Insights

Securities Compliance Analyst

Form 144 notice for an orderly resale of previously acquired option shares.

Form 144 is a regulatory notice required when a holder proposes to sell restricted or control securities under Rule 144. The filing lists two lots from exercises of options under a registered plan totaling 63,042 shares.

Cash-proceeds treatment and broker/dealer execution details are not shown; subsequent Form 4 or broker reports would confirm completed transactions.

Key Figures

Total shares proposed for sale: 63,042 shares Lot 1 from option exercise: 41,457 shares Lot 2 from option exercise: 21,585 shares +1 more

4 metrics

Total shares proposed for sale 63,042 shares Form 144 notice, proposed sale date <date>06/17/2026</date>

Lot 1 from option exercise 41,457 shares Exercise dated <date>03/14/2019</date>, shown in filing

Lot 2 from option exercise 21,585 shares Exercise dated <date>06/07/2023</date>, shown in filing

Reported consideration type cash Consideration type listed next to each exercised lot

Key Terms

Form 144, Rule 144, Exercise of options under a registered plan

3 terms

Form 144 regulatory

"Filer Information | Securities To Be Sold | Common Stock"

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

"Securities To Be Sold | Exercise of options under a registered plan"

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 | 03/14/2019 | Exercise of options under a registered plan"

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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 Stock	Morgan Stanley Wealth Management Canada Inc. 140 4th Avenue SW, Suite 2740 Calgary A0 T2P 3N3	63042	744163.37	87004134	06/17/2026	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 Stock	03/14/2019	Exercise of options under a registered plan	Teekay Corporation Ltd.			41457	06/17/2026	cash
Common Stock	06/07/2023	Exercise of options under a registered plan	Teekay Corporation Ltd.			21585	06/17/2026	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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Teekay's Form 144 for 63,042 shares mean for TK?

It notifies the SEC of a proposed resale of 63,042 shares under Rule 144. The filing itself is a regulatory notice and does not confirm whether or when the shares were sold.

Who is selling the shares listed on Teekay's Form 144 (TK)?

The excerpt ties the shares to exercises of options under a registered plan attributed to Teekay Corporation Ltd. The filing lists two lots of 41,457 and 21,585 shares.

What is the reported sale date on the Form 144 for TK?

The filing shows a proposed sale date of 06/17/2026. A Form 144 lists the intended sale date but does not confirm execution or settlement.

Are proceeds or buyers identified in Teekay's Form 144?

The excerpt lists cash as the consideration for the option exercises, but it does not identify purchasers or state proceeds recipients beyond that description.

Does Teekay's Form 144 disclose how the shares will be sold?

The provided excerpt does not specify distribution methods (brokered, block trade, or private sale). The Form 144 notice itself often omits detailed execution mechanics.