Teekay (NYSE: TK) director plans sale of 2,581 NYSE shares

Rhea-AI Filing Summary

TEEKAY CORP LTD (TK) received a Rule 144 notice that director Heidi Locke Simon intends to sell 2,581 shares of common stock through Morgan Stanley Wealth Management Canada Inc. The shares were obtained as Restricted Units on 06/17/2025, with an approximate sale date of 08/21/2026 on the NYSE.

Key Figures

Shares to be sold: 2,581 shares Approximate aggregate market value: 34,043.39 Shares outstanding: 87,691,370 shares +2 more

5 metrics

Shares to be sold 2,581 shares Common stock proposed to be sold under Rule 144

Approximate aggregate market value 34,043.39 Value of 2,581 shares proposed for sale

Shares outstanding 87,691,370 shares Common stock outstanding for TEEKAY CORP LTD

Acquisition date of securities 06/17/2025 Date Restricted Units were acquired

Approximate date of sale 08/21/2026 Planned sale date on NYSE

Key Terms

Rule 144, Restricted Units, aggregate market value

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

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.

Restricted Units financial

"Common Stock | 06/17/2025 | Restricted Units | Teekay Corporation Ltd."

aggregate market value financial

"Morgan Stanley Wealth Management Canada Inc. ... 2581 | 34043.39 | 87691370"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What transaction is disclosed for TEEKAY CORP LTD (TK) in this Form 144?

Director Heidi Locke Simon filed a notice of intent under Rule 144 to sell 2,581 shares of TEEKAY CORP LTD common stock through Morgan Stanley Wealth Management Canada Inc. on or about 08/21/2026 on the NYSE.

How many TEEKAY (TK) shares are covered by Heidi Locke Simon’s Rule 144 notice?

The notice covers 2,581 shares of TEEKAY CORP LTD common stock proposed to be sold under Rule 144 through Morgan Stanley Wealth Management Canada Inc.

What is the approximate aggregate market value of the TEEKAY (TK) shares in this Form 144?

The Rule 144 notice reports an approximate aggregate market value of 34,043.39 for the 2,581 shares of TEEKAY CORP LTD common stock proposed to be sold.

When were the TEEKAY (TK) shares proposed for sale acquired by Heidi Locke Simon?

The shares proposed for sale were acquired as Restricted Units on 06/17/2025 from Teekay Corporation Ltd., according to the Rule 144 disclosure.

What is the approximate sale date for the TEEKAY (TK) shares under this Rule 144 notice?

The approximate date of sale for the 2,581 shares of TEEKAY CORP LTD common stock is listed as 08/21/2026, with trades expected on the NYSE.

How many TEEKAY (TK) shares are reported outstanding in this Rule 144 disclosure?

The Rule 144 information lists 87,691,370 shares of TEEKAY CORP LTD common stock as outstanding, providing context for the planned sale of 2,581 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/20/2026 - 08:18 PM Accepted by SEC EDGAR 08/20/2026 - 08:18 PM Learn about SEC filing dates

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	0001977117
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	TEEKAY CORP LTD
SEC File Number	001-12874
Address of Issuer	2ND FLOOR, SWAN BUILDING 26 VICTORIA STREET HAMILTON BERMUDA HM 12
Phone	604-683-3529
Name of Person for Whose Account the Securities are To Be Sold	Locke Simon Heidi
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	Director

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	2581	34043.39	87691370	08/21/2026	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	06/17/2025	Restricted Units	Teekay Corporation Ltd.			2581	08/21/2026	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	08/20/2026
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	/s/ Heidi Locke Simon
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)