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Teekay (NYSE: TK) director Antturi receives 6,350 deferred RSU award

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

Rhea-AI Filing Summary

Antturi Peter reported acquisition or exercise transactions in this Form 4 filing.

TEEKAY CORP LTD director Peter Antturi received a grant of 6,350 Deferred Restricted Stock Units. Each deferred RSU represents a vested right to receive one share of common stock, and the vested units may be released at his election, no later than 10 years from the grant date. Following this award, his total reported deferred RSU holdings are 33,976.7516 units.

Positive

  • None.

Negative

  • None.
Insider Antturi Peter
Role null
Type Security Shares Price Value
Grant/Award Deferred Restricted Stock Units 6,350 $0.00 --
Holdings After Transaction: Deferred Restricted Stock Units — 33,976.752 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Deferred RSUs granted 6,350 units Grant of Deferred Restricted Stock Units to director on 2026-06-09
Deferred RSUs after grant 33,976.7516 units Total deferred RSU holdings following transaction
Underlying common shares 6,350 shares Each deferred RSU represents one share of common stock
Exercise price of RSUs $0.0000 per unit Deferred Restricted Stock Units granted at no exercise cost
Transaction code A Classified as grant, award, or other acquisition
Deferred Restricted Stock Units financial
"security_title: "Deferred Restricted Stock Units""
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
underlying security financial
"underlying_security_title: "Common Stock""
transaction code A regulatory
"transaction_code_description: "Grant, award, or other acquisition""
vested right financial
"Each deferred RSU represents a vested right to receive one share"
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Form 4 Insider Transactions: What Each Field Means →
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*
Antturi Peter
(Last)(First)(Middle)
1090 HOMER STREET
SUITE 312
(Street)
VANCOUVERV6B 2W9
(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026		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
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
Deferred Restricted Stock Units(1)06/09/2026A6,350 (1) (1)Common Stock6,350$033,976.7516D
Explanation of Responses:
1. Each deferred RSU represents a vested right to receive one share of common stock of the issuer. The vested units may be released at the time the reporting person elects, no later than 10 years from the grant date.
Remarks:
/s/ Peter Antturi06/10/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did TEEKAY CORP LTD (TK) report for Peter Antturi?

TEEKAY CORP LTD reported that director Peter Antturi received 6,350 Deferred Restricted Stock Units as a grant. These units are a form of equity compensation that will later convert into common shares under the company’s deferred RSU program.

How many Deferred Restricted Stock Units does Peter Antturi hold after this TK transaction?

After the grant of 6,350 Deferred Restricted Stock Units, Peter Antturi holds a total of 33,976.7516 deferred RSUs. This figure reflects his cumulative deferred RSU position reported in this Form 4 filing with TEEKAY CORP LTD.

What does each deferred RSU granted to Peter Antturi by TEEKAY CORP LTD represent?

Each deferred RSU represents a vested right to receive one share of TEEKAY CORP LTD common stock. These units are already vested but will be settled in actual shares at a future time chosen under the plan’s rules.

When can Peter Antturi receive common shares from his TK deferred RSUs?

Peter Antturi may elect to have the vested deferred RSUs settled in common shares at a time he chooses, but no later than 10 years from the grant date. This provides flexibility in the timing of share delivery.

Is the 6,350-unit TK deferred RSU transaction a market purchase or sale?

The 6,350-unit transaction is a grant or award of Deferred Restricted Stock Units, not a market purchase or sale. It represents equity compensation awarded to director Peter Antturi, rather than an open-market trade in TEEKAY CORP LTD shares.