STOCK TITAN

Teekay (TK) CFO Brody Speers sells 5,500 shares in open-market trade

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

TEEKAY CORP LTD Chief Financial Officer Brody Speers reported an open-market sale of Common Stock. On June 11, 2026, Speers sold 5,500 shares at a price of $12.15 per share. Following this transaction, Speers directly owns 3,364.3161 shares of Teekay common stock.

Positive

  • None.

Negative

  • None.
Insider Speers Brody
Role Chief Financial Officer
Sold 5,500 shs ($67K)
Type Security Shares Price Value
Sale Common Stock 5,500 $12.15 $67K
Holdings After Transaction: Common Stock — 3,364.316 shares (Direct, null)
Footnotes (1)
Shares sold 5,500 shares Common Stock sold on June 11, 2026
Sale price per share $12.15 per share Open-market sale of Teekay Common Stock
Shares after transaction 3,364.3161 shares Direct Common Stock holdings following sale
Net share change -5,500 shares Net buy/sell shares in this Form 4
Sell transactions count 1 transaction Number of sale transactions reported
open-market sale financial
"transaction_action: "open-market sale" of Common Stock at $12.15 per share"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title is listed as "Common Stock" for the transaction"
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.
net-sell financial
"transactionSummary shows netBuySellDirection as "net-sell""
direct ownership financial
"ownership_type is "direct" and ownership_code is "D""
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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*
Speers Brody

(Last)(First)(Middle)
SUITE 2100, BENTALL 5
550 BURRARD STREET

(Street)
VANCOUVERV6C2K2

(City)(State)(Zip)

BRITISH COLUMBIA, CANADA

(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
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
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 Stock06/11/2026S5,500D$12.153,364.3161D
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/ Brody Speers06/12/2026
** 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)

FAQ

What insider transaction did Teekay (TK) disclose for Brody Speers?

Teekay disclosed that CFO Brody Speers completed an open-market sale of Common Stock. He sold 5,500 shares on June 11, 2026 at a price of $12.15 per share, as reported in the Form 4 insider filing.

How many Teekay (TK) shares did the CFO sell and at what price?

Brody Speers sold 5,500 shares of Teekay Common Stock. The transaction was executed at a price of $12.15 per share in an open-market sale, according to the Form 4 filing describing this insider transaction.

How many Teekay (TK) shares does the CFO hold after the reported sale?

After the reported transaction, CFO Brody Speers directly holds 3,364.3161 Teekay Common Stock shares. This post-transaction ownership figure comes directly from the Form 4 and reflects his remaining direct position following the 5,500-share sale.

Was the Teekay (TK) CFO’s transaction classified as an open-market sale?

Yes. The filing classifies Brody Speers’ transaction as an open-market sale of Common Stock. The transaction code "S" and description confirm it was a sale in the open market or a private transaction rather than an option exercise or tax withholding event.

Does the Teekay (TK) Form 4 show any derivative securities for the CFO?

No derivative securities are listed for CFO Brody Speers in this Form 4. The derivativeSummary section is empty, indicating the filing only reports a non-derivative Common Stock sale without any related option exercises or other derivative transactions.