STOCK TITAN

Teekay (NYSE: TK) director unloads shares over three days

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

TEEKAY CORP LTD (TK) director Heidi Simon Locke reported open-market sales of the company’s Common Stock. On August 21, 2026, she sold 1,000 shares at $13.64 per share, on August 20 sold 485 shares at $13.24, and on August 19 sold 96 shares at $13.19. In total, 1,581 shares of Common Stock were sold directly. The Rule 10b5-1 checkbox was not marked as being pursuant to a trading plan.

Positive

  • None.

Negative

  • None.
Insider Locke Simon Heidi
Role Director
Sold 1,581 shs ($21K)
Type Security Shares Price Value
Sale Common Stock 1,000 $13.64 $14K
Sale Common Stock 485 $13.24 $6K
Sale Common Stock 96 $13.19 $1K
Holdings After Transaction: Common Stock — 46,000.5095 shares (Direct)
Total shares sold 1,581 shares Aggregate non-derivative Common Stock sales reported in the transaction summary
Shares sold on 2026-08-21 1,000 shares at $13.64 per share Non-derivative Common Stock sale on August 21, 2026
Shares sold on 2026-08-20 485 shares at $13.24 per share Non-derivative Common Stock sale on August 20, 2026
Shares sold on 2026-08-19 96 shares at $13.19 per share Non-derivative Common Stock sale on August 19, 2026
Number of sale transactions 3 transactions SellCount reported in transactionSummary for this Form 4
Common Stock financial
"She sold shares of the company’s Common Stock in three transactions"
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.
non-derivative financial
"Each transaction is classified as non-derivative in the data"
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox was not marked as being pursuant"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
direct or indirect financial
"Ownership type is recorded as direct in the direct or indirect field"

FAQ

What insider activity did TK director Heidi Simon Locke report?

Heidi Simon Locke reported three open-market sales of Teekay Corp Ltd Common Stock on August 19, 20, and 21, 2026, totaling 1,581 shares sold directly.

How many TK shares did the director sell in this Form 4?

The director sold a total of 1,581 shares of Teekay Corp Ltd Common Stock, as summarized in the filing’s transaction summary.

At what prices were Teekay (TK) shares sold in the reported transactions?

Shares were sold at per-share prices of $13.19 on August 19, $13.24 on August 20, and $13.64 on August 21, 2026, all for Common Stock.

Were the TK insider sales made under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is unchecked, so the transactions are not affirmatively indicated as being made under a Rule 10b5-1 trading plan.

Does the Form 4 show how many TK shares the director holds after these sales?

No post-transaction holdings figure is provided in the structured data; the total_shares_following_transaction field is blank for each reported sale.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Locke Simon Heidi

(Last)(First)(Middle)
C/O TEEKAY
2ND FL, SWAN BUILDING, 26 VICTORIA ST

(Street)
HAMILTONHM 12

(City)(State)(Zip)

BERMUDA

(Country)
2. Issuer Name and Ticker or Trading Symbol
TEEKAY CORP LTD [ TK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/19/2026S96D$13.1947,485.5095D
Common Stock08/20/2026S485D$13.2447,000.5095D
Common Stock08/21/2026S1,000D$13.6446,000.5095D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Heidi Locke Simon08/21/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)