Teekay (TK) director Locke awarded 6,350 Common Stock shares in Form 4

Rhea-AI Filing Summary

Locke Simon Heidi reported acquisition or exercise transactions in this Form 4 filing.

Teekay Corp. director Simon Heidi Locke reported receiving a grant of 6,350 shares of Common Stock at a reference price of $11.81 per share. After this compensation-related award, Locke directly holds a total of 47,581.5095 Common Stock shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Locke Simon Heidi

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,350	$11.81	$75K

Holdings After Transaction: Common Stock — 47,581.51 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 6,350 shares Grant reference price: $11.81 per share Total shares after grant: 47,581.5095 shares

3 metrics

Shares granted 6,350 shares Grant, award, or other acquisition of Common Stock

Grant reference price $11.81 per share Reported transaction price for awarded shares

Total shares after grant 47,581.5095 shares Director’s direct Common Stock holdings following transaction

Key Terms

Form 4, Common Stock, Grant, award, or other acquisition

3 terms

Form 4 regulatory

"Teekay (TK) director Locke awarded 6,350 Common Stock shares in Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"6,350 Common Stock shares at a reference price of $11.81 per share"

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.

Grant, award, or other acquisition financial

"transaction code description is “Grant, award, or other acquisition” for this entry"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Locke Simon Heidi

(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)
06/09/2026

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	06/09/2026		A		6,350	A	$11.81	47,581.5095	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

Explanation of Responses:

Remarks:

	/s/ Heidi Locke Simon	06/10/2026
	** 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)

FAQ

What insider transaction did Teekay (TK) director Simon Heidi Locke report?

Director Simon Heidi Locke reported an acquisition of 6,350 Teekay Common Stock shares as a grant or award. This is a compensation-related transaction, not an open-market purchase, and increases the director’s direct ownership stake in the company.

Was the Teekay (TK) insider transaction a market purchase or a share award?

The filing shows a share award, coded “A” for grant, award, or other acquisition, rather than an open-market purchase. These 6,350 Common Stock shares were received as compensation, not bought in the market by the reporting person.

At what price were the granted Teekay (TK) shares valued in the Form 4?

The 6,350 Common Stock shares were reported with a transaction price of $11.81 per share. This figure serves as the reference value for the grant in the filing and does not necessarily represent a cash outlay by the director.

How many Teekay (TK) shares does the director hold after this grant?

Following the award, director Simon Heidi Locke directly owns 47,581.5095 Common Stock shares. This total reflects the new 6,350-share grant added to prior holdings and indicates the director’s updated direct equity position in Teekay.

Does the Teekay (TK) Form 4 show any insider share sales?

The Form 4 does not report any share sales. It records one acquisition transaction coded “A” for a grant or award of 6,350 Common Stock shares, with no corresponding sale, exercise, gift, or tax-withholding disposition entries in the filing.