Teekay (NYSE: TK) director details stock option grants and holdings

Rhea-AI Filing Summary

Teekay Corp Ltd director Simon Heidi Locke filed an amended Form 3 reporting existing equity holdings, not new trades. The filing shows stock options over 18,119 common shares at $3.98 expiring March 14, 2029, 46,864 shares at $2.88 expiring June 30, 2032, and 21,585 shares at $5.81 expiring June 7, 2033, along with 41,231.5095 common shares held directly.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Locke Simon Heidi

(Last) (First) (Middle)

26 KENSETT LANE

(Street)

DARIEN CT 06820

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
TEEKAY CORP LTD [ TK ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	41,231.5095	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option ("Right to Buy")	03/14/2019	03/14/2029	Common Stock	18,119	$3.98	D
Stock Option ("Right to Buy")	06/30/2022	06/30/2032	Common Stock	46,864	$2.88	D
Stock Option ("Right to Buy")	06/07/2023	06/07/2033	Common Stock	21,585	$5.81	D

Explanation of Responses:

	/s/Heidi Locke Simon	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity holdings does Teekay (TK) director Simon Heidi Locke report in this Form 3/A?

The filing reports existing holdings, including stock options over 18,119, 46,864, and 21,585 Teekay common shares, plus 41,231.5095 common shares held directly. These figures describe the director’s current beneficial ownership position, not new market transactions.

What stock option grants for Teekay (TK) are shown for director Simon Heidi Locke?

The Form 3/A lists three stock option positions, each over Teekay common stock: 18,119 shares at $3.98, 46,864 shares at $2.88, and 21,585 shares at $5.81. These options provide rights to buy shares at their respective exercise prices.

When do Simon Heidi Locke’s Teekay (TK) stock options expire?

The stock options expire on March 14, 2029 for the 18,119-share grant, June 30, 2032 for the 46,864-share grant, and June 7, 2033 for the 21,585-share grant. These expiration dates define how long the director can exercise each grant.

How many Teekay (TK) common shares does Simon Heidi Locke hold directly?

The amended Form 3 shows direct ownership of 41,231.5095 Teekay common shares. This figure represents the director’s reported common stock position separate from stock options, which, if exercised, could add additional shares to total holdings.

Does this Teekay (TK) Form 3/A show insider buying or selling activity?

The Form 3/A presents holdings only and does not classify any entries as buys or sells. All four records are coded as holdings with unknown transaction codes, indicating disclosure of existing positions rather than new market transactions.