Teekay director sells 63042 shares after option exercise

TEEKAY CORP LTD director Rudolph Krediet reported an option exercise-and-sale transaction in Common Stock.

Rhea-AI Filing Summary

TEEKAY CORP LTD director Rudolph Krediet reported an option exercise-and-sale transaction in Common Stock. He sold 63042 shares in an open-market sale at a weighted average price of $11.8042 per share, with individual trades executed between $11.80 and $11.85.

On the same date, he exercised stock options to acquire 41457 shares at $3.9800 per share and 21585 shares at $5.8100 per share. Following these transactions, Krediet directly owned 35166.9279 Common Stock shares, and the exercised options referenced in this filing were fully used.

Insider Trade Summary

Exercise and Sale: 63,042 shares ($454K approx. pre-tax spread)

Exercise and Sale 5 txns

Insider Krediet Rudolph

Role Director

Sold 63,042 shs ($744K)

Approx. gross sale proceeds $744K

Approx. exercise cost $290K

Approx. pre-tax spread $454K

Type	Security	Shares	Price	Value
Exercise	Stock Option ("Right to Buy")	21,585	$5.81	$125K
Exercise	Stock Option ("Right to Buy")	41,457	$3.98	$165K
Exercise	Common Stock	21,585	$5.81	$125K
Exercise	Common Stock	41,457	$3.98	$165K
Sale	Common Stock	63,042	$11.8042	$744K

Holdings After Transaction: Stock Option ("Right to Buy") — 41,457 contracts (Direct); Common Stock — 35,166.9279 shares (Direct)

Footnotes (1)

1. F1. The transaction was executed in multiple trades at prices ranging from $11.80 to $11.85. The price reported above reflects the weighted average sale price.

Key Figures

Shares sold: 63042 shares Sale price: $11.8042 per share Options exercised at $3.9800: 41457 shares +3 more

6 metrics

Shares sold 63042 shares Common Stock open-market sale at weighted average price

Sale price $11.8042 per share Weighted average sale price; trades from $11.80 to $11.85

Options exercised at $3.9800 41457 shares Stock Option ("Right to Buy") into Common Stock

Options exercised at $5.8100 21585 shares Stock Option ("Right to Buy") into Common Stock

Shares owned after transaction 35166.9279 shares Director’s direct Common Stock holdings following the trades

Net buy/sell shares -63042 shares transactionSummary netBuySellShares indicates net-sell direction

Key Terms

open-market sale, derivative exercise/conversion, Stock Option ("Right to Buy"), weighted average sale price, +1 more

5 terms

open-market sale financial

"transaction_action": "open-market sale""

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.

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

Stock Option ("Right to Buy") financial

"security_title": "Stock Option (\"Right to Buy\")""

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

Common Stock financial

"security_title": "Common Stock""

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Teekay (TK) director Rudolph Krediet report?

Rudolph Krediet reported an exercise-and-sale transaction in Teekay (TK) Common Stock. He exercised stock options for 63042 shares and sold 63042 shares in an open-market transaction on the same date at a weighted average price of $11.8042 per share.

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

The director sold 63042 Teekay (TK) Common Stock shares. The transaction was executed in multiple trades between $11.80 and $11.85, resulting in a weighted average sale price of $11.8042 per share as disclosed in the filing’s footnote.

What stock options did the Teekay (TK) director exercise in this Form 4?

He exercised options convertible into 41457 Common Stock shares at $3.9800 and 21585 shares at $5.8100. These options were described as Stock Option ("Right to Buy") awards with underlying Common Stock, and the filing shows they were fully exercised in this transaction.

How many Teekay (TK) shares does the director hold after these transactions?

After completing the exercises and sale, the director directly holds 35166.9279 Teekay (TK) Common Stock shares. This post-transaction ownership figure comes from the Form 4 and reflects his remaining direct position following the reported trades on the transaction date.

Were any Teekay (TK) derivative positions left after the option exercises?

The filing’s derivative entries show options for 41457 shares at $3.9800 and 21585 shares at $5.8100 being exercised, with the latter showing 0.0000 remaining. The derivativeSummary section is empty, indicating no remaining derivative positions are reported in this Form 4.

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

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Accepted by SEC EDGAR 06/17/2026 - 06:07 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Krediet Rudolph

(Last) (First) (Middle)

C/O TEEKAY

2ND FL, SWAN BUILDING, 26 VICTORIA ST

(Street)

HAMILTON HM 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/17/2026		M		21,585	A	$5.81	56,751.9279	D
Common Stock	06/17/2026		M		41,457	A	$3.98	98,208.9279	D
Common Stock	06/17/2026		S		63,042	D	$11.8042(1)	35,166.9279	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option ("Right to Buy")	$5.81	06/17/2026		M			21,585	06/07/2023	06/07/2033	Common Stock	21,585	$5.81	0	D
Stock Option ("Right to Buy")	$3.98	06/17/2026		M			41,457	03/14/2019	03/14/2029	Common Stock	41,457	$3.98	41,457	D

Explanation of Responses:

1. The transaction was executed in multiple trades at prices ranging from $11.80 to $11.85. The price reported above reflects the weighted average sale price.

Remarks:

	/s/ Rudolph Krediet	06/17/2026
	** 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 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)