Teekay director plans $163K Rule 144 stock sale

TEEKAY CORP LTD (TK) disclosed that director Heidi Locke Simon filed a notice to sell common stock under Rule 144.

Rhea-AI Filing Summary

TEEKAY CORP LTD (TK) disclosed that director Heidi Locke Simon filed a notice to sell common stock under Rule 144. The planned sale covers 11,585 shares of common stock that were acquired through the exercise of options under a registered plan, with a reported aggregate market value of $163,119.30.

The notice also lists that Teekay had 87,691,370 shares outstanding of common stock as of the filing. In the prior three months, the same insider reported sales of 18,119 shares for $224,166.22 and 2,581 shares for $34,043.39.

Key Figures

Shares to be sold under Rule 144: 11,585 shares Aggregate market value of proposed sale: $163,119.30 Shares outstanding: 87,691,370 shares +3 more

6 metrics

Shares to be sold under Rule 144 11,585 shares Common stock planned for sale by director under Rule 144

Aggregate market value of proposed sale $163,119.30 Value associated with 11,585 shares of common stock

Shares outstanding 87,691,370 shares Teekay common stock shares outstanding as referenced in the notice

Recent sale 1 18,119 shares for $224,166.22 Common stock sale on June 22, 2026

Recent sale 2 2,581 shares for $34,043.39 Common stock sale on August 20, 2026

Latest sale date on notice September 10, 2026 Date associated with the proposed Rule 144 sale

Key Terms

Rule 144, registered plan, aggregate market value, common stock

4 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.

registered plan financial

"Exercise of options under a registered plan."

A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.

aggregate market value financial

"11585 | 163119.30 | 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.

common stock financial

"Common Stock | 06/07/2023 | Exercise of options under a registered plan."

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.

FAQ

What does the Form 144 filing disclose for TEEKAY CORP LTD (TK)?

The filing discloses that director Heidi Locke Simon notified an intent to sell 11,585 shares of Teekay common stock under Rule 144, representing shares acquired through the exercise of options under a registered plan, with an aggregate market value of $163,119.30.

How many TEEKAY (TK) shares are covered by the new Rule 144 notice?

The notice covers a proposed sale of 11,585 shares of Teekay common stock. These shares were indicated as being acquired through the exercise of options under a registered plan, with a reported aggregate market value of $163,119.30 for the proposed transaction.

What recent insider sales of TEEKAY (TK) stock are reported in the Form 144?

Over the prior three months, Heidi Locke Simon is listed as having sold 18,119 shares of Teekay common stock for $224,166.22 and 2,581 shares for $34,043.39, both categorized as sales of common stock.

How many TEEKAY (TK) shares were outstanding according to the Form 144?

The filing reports that Teekay common stock had 87,691,370 shares outstanding as of the date referenced in the notice. This figure is provided as context for the Rule 144 sale and not as the amount being sold.

On which market is TEEKAY (TK) common stock listed in this filing?

The notice identifies Teekay common stock as being traded on the NYSE. The Form 144 associates the proposed sale of 11,585 shares with this listing venue for the company’s common stock.

What is the relationship of the seller to TEEKAY CORP LTD (TK)?

The person for whose account the securities are to be sold, Heidi Locke Simon, is identified in the filing as a Director of Teekay. The Rule 144 notice therefore relates to sales by a company director of Teekay common stock.

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

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Available on EDGAR 09/10/2026 - 06:51 PM Accepted by SEC EDGAR 09/10/2026 - 06:51 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	11585	163119.30	87691370	09/10/2026	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	06/07/2023	Exercise of options under a registered plan.	Teekay Corporation Ltd.			11585	09/10/2026	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Heidi Locke Simon c/o 2nd Floor, Swan Building 26 Victoria Street Hamilton D0 HM12	Common Stock	06/22/2026	18119	224166.22
Heidi Locke Simon c/o 2nd Floor, Swan Building 26 Victoria Street Hamilton D0 HM12	Common Stock	08/20/2026	2581	34043.39

144: Remarks and Signature

Remarks
Date of Notice	09/10/2026
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)