Teekay (NYSE: TK) CFO Brody Speers discloses RSU holdings in Form 3

Rhea-AI Filing Summary

TEEKAY CORP LTD director and Chief Financial Officer Brody Speers has filed an initial ownership report showing holdings of restricted stock units (RSUs) tied to the company’s common stock. The Form 3 lists RSUs covering 9,096.6611 underlying shares of common stock and an additional block covering 16,913.4691 underlying shares, all held directly.

Each RSU represents a contingent right to receive one share of Teekay common stock. One RSU award is scheduled to vest on June 2, 2026. The other RSU award is scheduled to vest in two equal annual installments on June 2, 2026 and June 2, 2027.

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^*

Speers Brody

(Last) (First) (Middle)

SUITE 2100, BENTALL 5

550 BURRARD STREET

(Street)

VANCOUVER A1 V6C2K2

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

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
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

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

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)

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
Restricted Stock Units	(1)	(1)	Common Stock	9,096.6611(1)	(1)	D
Restricted Stock Units	(2)	(2)	Common Stock	16,913.4691(2)	(2)	D

Explanation of Responses:

1. Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock of the issuer. The RSUs vest on June 2, 2026

2. Each RSU represents a contingent right to receive one share of common stock of the issuer. The RSUs vest annually in two equal installments on June 2, 2026 and 2027

Remarks:

Exhibit 24 Power of Attorney attached herewith

	/s/ Brody Speers	03/17/2026
	** 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 insider ownership does Teekay (TK) CFO Brody Speers report on this Form 3?

Brody Speers reports direct holdings of restricted stock units linked to Teekay common stock. The RSUs cover 9,096.6611 and 16,913.4691 underlying shares, giving him contingent rights to receive the same number of common shares upon future vesting.

What do the restricted stock units reported for Teekay (TK) represent?

Each restricted stock unit represents a contingent right to receive one share of Teekay common stock. The awards do not involve cash exercise; instead, shares are delivered if vesting conditions are satisfied on the specified future dates.

When do Brody Speers’ Teekay (TK) RSU awards vest?

One RSU award vests on June 2, 2026. The second RSU award vests in two equal annual installments on June 2, 2026 and June 2, 2027, subject to the applicable vesting conditions remaining in place until those dates.

Are the Teekay (TK) restricted stock units held directly or indirectly by Brody Speers?

The reported restricted stock units are held directly by Brody Speers. The ownership type in the disclosure is listed as direct, and no trusts, partnerships, or other indirect holding entities are referenced for these specific RSU positions.

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

The disclosure reflects existing holdings of restricted stock units rather than new market transactions. No open-market purchases, sales, option exercises, gifts, or tax-withholding dispositions are listed, and all transaction directions are categorized as unknown holding entries.