Teekay insider files Form 144 to sell 39,605 TK common shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Teekay Corporation (TK) filed a Form 144 notice for a planned sale of restricted stock that has become eligible for resale under Rule 144. The notice covers 39,605 common shares to be sold through E*TRADE from Morgan Stanley on the NYSE, with an aggregate market value of $408,509.38. Teekay had 85,269,031 common shares outstanding at the time referenced. The shares come from director compensation in the form of restricted stock units granted in two blocks in June 2020 and June 2021. The same individual also sold 28,563 common shares in a prior transaction within the last three months, generating gross proceeds of $269,762.25.
Positive
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FAQ
What does Teekay (TK)'s latest Form 144 filing disclose?
The Form 144 notice discloses a planned sale of 39,605 shares of Teekay common stock, with an aggregate market value of $408,509.38, to be sold on the NYSE through E*TRADE from Morgan Stanley.
Which broker and exchange are used for the Teekay (TK) Form 144 sale?
The planned sale of 39,605 Teekay common shares will be executed through E*TRADE from Morgan Stanley and is listed to take place on the NYSE with an approximate sale date of 11/20/2025.
What representation does the seller make in Teekay (TK)'s Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about Teekay’s current or prospective operations that has not been publicly disclosed.