TK insider sale notice: 437,709 shares via Form 144 on NYSE
Rhea-AI Filing Summary
TK filed a Form 144 indicating a proposed sale of 437,709 shares of common stock. The filing lists Morgan Stanley Smith Barney LLC as broker, an aggregate market value of $4,395,239.02, and an approximate sale date of 11/13/2025 on the NYSE.
The shares were acquired on 11/13/2025 through multiple option exercises under a registered plan, paid in cash, in lots of 10,829, 1,073, 292,922, and 132,885 shares. As context, 85,269,031 shares were outstanding.
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Insights
Routine Form 144 resale notice for 437,709 shares via NYSE.
A selling securityholder filed a notice to resell $4,395,239.02 in common stock, totaling 437,709 shares. The shares were obtained the same day through cash exercises of employee stock options under a registered plan, then listed for prospective sale.
The filing specifies Morgan Stanley Smith Barney LLC as broker and the NYSE as the venue, with an approximate sale date of 11/13/2025. Cash-flow treatment pertains to secondary sales by the holder; no issuer proceeds are described in the excerpt.
Form 144s are administrative and sales depend on market conditions and holder decisions. Subsequent filings may provide execution details if sales occur.
FAQ
What does Teekay (TK) disclose in this Form 144?
Who is the broker for the TK Form 144 sale?
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