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Director at Talen Energy (NYSE: TLN) nets 5,206 shares after RSU vesting

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Talen Energy Corp director Karen T. Hyde reported routine equity compensation activity. On May 22, 2026, she acquired 4,133 shares of common stock through the exercise of 2023 Restricted Stock Units granted under the company’s 2023 Equity Incentive Plan.

Of the RSUs that vested on May 17, 2026, 1,530 units were cash settled in an amount approximately equivalent to taxes associated with the vesting, which is reported as a disposition to the issuer at $324.21 per share. Following these transactions, Hyde directly holds 5,206 shares of Talen Energy common stock.

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Insider Hyde Karen T
Role Director
Type Security Shares Price Value
Exercise 2023 Restricted Stock Units 4,133 $0.00 $0.00
Exercise Common Stock 4,133 $0.00 $0.00
Disposition Common Stock 1,530 $324.21 $496K
Holdings After Transaction: 2023 Restricted Stock Units — 0 shares (Direct); Common Stock — 5,206 shares (Direct)
Footnotes (2)
  1. F1. Each Restricted Stock Unit ("RSU") was issued under the Talen Energy Corporation 2023 Equity Incentive Plan (the "Plan") and represents a contingent right to receive one share of common stock, par value $0.001 ("common stock") of Talen Energy Corporation (the "Company") or its cash equivalent, as determined at the time of settlement by the Compensation Committee of the Company's Board of Directors pursuant to the terms of the Plan. The reporting person's RSUs were granted on June 16, 2023 and the final installment of the reporting person's RSUs vested on May 17, 2026, the third anniversary of the vesting commencement date.
  2. F2. Represents a portion of the RSUs that vested on May 17, 2026 (1,530 of which were cash settled in an amount approximately equivalent to taxes associated with such vesting).
RSUs exercised 4,133 units 2023 Restricted Stock Units converted to common stock on May 22, 2026
Tax-settled RSUs 1,530 units Portion of vested RSUs cash settled for taxes on May 17, 2026
Disposition price $324.21 per share Price used for disposition to issuer related to tax settlement
Shares held after transactions 5,206 shares Talen Energy common stock directly owned by Hyde after Form 4 transactions
RSU grant date June 16, 2023 Grant date of 2023 RSUs under Talen Energy 2023 Equity Incentive Plan
Final vesting date May 17, 2026 Third anniversary of vesting commencement; final RSU installment vested
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") was issued under the Talen Energy Corporation 2023 Equity Incentive Plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Equity Incentive Plan financial
"issued under the Talen Energy Corporation 2023 Equity Incentive Plan (the "Plan")"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of common stock"

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FAQ

What insider transactions did Karen T. Hyde report for Talen Energy Corp (TLN)?

Director Karen T. Hyde reported vesting of 2023 Restricted Stock Units into 4,133 Talen Energy common shares, plus a related tax settlement disposition. These transactions reflect routine equity compensation, not open-market buying or selling activity.

How many Talen Energy (TLN) shares does Karen T. Hyde hold after this Form 4?

After the reported transactions, Karen T. Hyde directly holds 5,206 shares of Talen Energy common stock. This figure comes from the Form 4’s post-transaction ownership line for her non-derivative common stock holdings.

What happened to Karen T. Hyde’s 2023 Restricted Stock Units at Talen Energy (TLN)?

Hyde’s 2023 Restricted Stock Units fully vested on May 17, 2026, the third anniversary of the vesting commencement date. On May 22, 2026, 4,133 RSUs converted into common shares, exhausting that RSU award balance.

Why were 1,530 of Karen T. Hyde’s Talen Energy RSUs cash settled?

Of the RSUs vesting on May 17, 2026, 1,530 units were cash settled in an amount approximately equal to related taxes. This tax-withholding treatment is reported as a disposition to the issuer at a price of $324.21 per share.

Is Karen T. Hyde’s Form 4 for Talen Energy (TLN) an open-market stock sale?

No, the Form 4 does not show an open-market sale. It reports RSU vesting into common shares and a disposition to the issuer tied to cash settlement for taxes, which is part of standard equity compensation mechanics.

Under which plan were Karen T. Hyde’s Talen Energy RSUs granted?

The Restricted Stock Units were granted under the Talen Energy Corporation 2023 Equity Incentive Plan. Each RSU represented a contingent right to receive one share of common stock or its cash equivalent at settlement, as determined by the Compensation Committee.
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*
Hyde Karen T

(Last)(First)(Middle)
2929 ALLEN PKWY
SUITE 2200

(Street)
HOUSTON TEXAS 77019

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Talen Energy Corp [ TLN ]
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)
05/22/2026
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 Stock05/22/2026M4,133A(1)6,736D
Common Stock05/22/2026D(2)1,530D$324.215,206D
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
2023 Restricted Stock Units(1)05/22/2026M4,133 (1) (1)Common Stock4,133$00D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") was issued under the Talen Energy Corporation 2023 Equity Incentive Plan (the "Plan") and represents a contingent right to receive one share of common stock, par value $0.001 ("common stock") of Talen Energy Corporation (the "Company") or its cash equivalent, as determined at the time of settlement by the Compensation Committee of the Company's Board of Directors pursuant to the terms of the Plan. The reporting person's RSUs were granted on June 16, 2023 and the final installment of the reporting person's RSUs vested on May 17, 2026, the third anniversary of the vesting commencement date.
2. Represents a portion of the RSUs that vested on May 17, 2026 (1,530 of which were cash settled in an amount approximately equivalent to taxes associated with such vesting).
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Daniel J. Kelly, attorney-in-fact05/27/2026
** 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)