Teekay (NYSE: TK) director unloads shares over three days
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 Trade Summary
Net Seller: 1,581 shares
Net Sell
3 txns
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)
Key Figures
Total shares sold: 1,581 shares
Shares sold on 2026-08-21: 1,000 shares at $13.64 per share
Shares sold on 2026-08-20: 485 shares at $13.24 per share
+2 more
5 metrics
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
Key Terms
Common Stock, non-derivative, Rule 10b5-1, direct or indirect
4 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.