Director at Teekay (NYSE: TK) receives 6,350-share stock award

Rhea-AI Filing Summary

TEEKAY CORP LTD director Poul Ulrich Karlshoej received a stock grant of 6,350 shares of Common Stock on June 9, 2026. The shares were awarded at a reported price of $11.81 per share as a grant, award, or other acquisition rather than an open-market purchase. Following this compensation-related transaction, his direct holdings increased to 14,440 shares of Teekay common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Karlshoej Poul Ulrich

Role null

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

Holdings After Transaction: Common Stock — 14,440 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 6,350 shares Grant price: $11.81 per share Holdings after grant: 14,440 shares

3 metrics

Shares granted 6,350 shares Common Stock grant on June 9, 2026

Grant price $11.81 per share Reported transaction price for stock grant

Holdings after grant 14,440 shares Total direct Teekay common shares after transaction

Key Terms

Common Stock, Grant, award, or other acquisition, non-derivative, direct

4 terms

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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

non-derivative financial

"transaction_type: "non-derivative""

direct financial

"ownership_type: "direct""

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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^*

Karlshoej Poul Ulrich

(Last) (First) (Middle)

2ND FLOOR, SWAN BUILDING

26 VICTORIA STREET

(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	14,440	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/ Poul Ulrich Karlshoej	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 did Teekay (TK) director Poul Ulrich Karlshoej report in this Form 4?

He reported receiving a grant of 6,350 Teekay common shares. The transaction is coded as a grant, award, or other acquisition, reflecting compensation rather than an open-market purchase, and increases his direct ownership position in the company.

How many Teekay (TK) shares were granted to the director and at what price?

The director received 6,350 shares of Teekay common stock at a reported price of $11.81 per share. This price is the transaction’s stated value for the grant, not necessarily a cash purchase price in the open market.

Is the Teekay (TK) Form 4 transaction an open-market buy or a grant?

The Form 4 describes the transaction as a grant, award, or other acquisition, not an open-market buy. The transaction code is “A,” indicating shares were awarded to the director as compensation rather than purchased on the open market.

What is Poul Ulrich Karlshoej’s Teekay (TK) shareholding after this Form 4 transaction?

After receiving the 6,350-share grant, his direct holdings total 14,440 Teekay common shares. This post-transaction figure reflects his ownership following the reported award and provides context for the scale of the grant relative to his position.

Does this Teekay (TK) Form 4 include any derivative securities or option exercises?

No derivative securities or option exercises are reported here. The filing shows a single non-derivative transaction in Teekay common stock, classified as a grant, award, or other acquisition, with no remaining derivative positions listed in the derivative summary.