Director at Talen Energy (TLN) awarded 448 restricted stock units under 2023 plan

Rhea-AI Filing Summary

Schwartzstein Christine Benson reported acquisition or exercise transactions in this Form 4 filing.

Talen Energy Corp director Christine Benson Schwartzstein received a grant of 448 Restricted Stock Units on 2026-02-26. These 2026 RSUs were issued under the Talen Energy Corporation 2023 Equity Incentive Plan at no purchase price.

Each RSU represents a contingent right to receive one share of Talen Energy common stock or its cash equivalent, as determined at settlement by the Compensation Committee. The RSUs will vest on February 25, 2027, subject to her continued service, and she now holds 448 such units directly following this award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schwartzstein Christine Benson

Role Director

Type	Security	Shares	Price	Value
Grant/Award	2026 Restricted Stock Units	448	$0.00	--

Holdings After Transaction: 2026 Restricted Stock Units — 448 shares (Direct)

Footnotes (1)

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, 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. Represents RSUs that, subject to the reporting person's continued service, will vest on February 25, 2027.

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
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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^*

Schwartzstein Christine Benson

(Last) (First) (Middle)

2929 ALLEN PKWY, SUITE 2200

(Street)

HOUSTON TX 77091

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Talen Energy Corp [ TLN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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

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

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
2026 Restricted Stock Units	(1)	02/26/2026		A		448		(2)	(2)	Common Stock	448	$0	448	D

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, 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.

2. Represents RSUs that, subject to the reporting person's continued service, will vest on February 25, 2027.

Remarks:

	/s/ John C. Wander, attorney-in-fact	03/02/2026
	** 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.

FAQ

What did Talen Energy Corp (TLN) report in this Form 4 filing?

Talen Energy Corp reported that director Christine Benson Schwartzstein was granted 448 Restricted Stock Units under the 2023 Equity Incentive Plan. These units were awarded at no cost and represent a right to receive common stock or cash upon future settlement, subject to vesting.

How many Restricted Stock Units did the Talen Energy (TLN) director receive?

The director received 448 Restricted Stock Units. Following this grant, her total holdings of these 2026 RSUs are 448 units. Each RSU corresponds to a contingent right to receive one share of Talen Energy common stock or its cash equivalent upon settlement.

When do the newly granted Talen Energy (TLN) RSUs vest?

The 448 Restricted Stock Units will vest on February 25, 2027. Vesting is conditioned on the reporting person’s continued service through that date, meaning she must remain in her role to receive shares or cash value from these units at settlement.

What does each Talen Energy (TLN) Restricted Stock Unit represent?

Each Restricted Stock Unit represents a contingent right to receive one share of Talen Energy common stock, par value $0.001, or its cash equivalent. The Compensation Committee will determine at settlement whether delivery is in shares or cash under the plan’s terms.

Under which plan were the Talen Energy (TLN) RSUs granted?

The 448 Restricted Stock Units were granted under the Talen Energy Corporation 2023 Equity Incentive Plan. This plan governs equity-based awards to eligible participants, and the Compensation Committee administers how RSUs settle, including whether value is delivered in shares or cash.

Did the Talen Energy (TLN) director buy shares on the open market in this Form 4?

No, this Form 4 reflects a grant of 448 Restricted Stock Units, not an open-market purchase. The RSUs were awarded at a price of $0.0000 per unit as part of compensation under the company’s 2023 Equity Incentive Plan, subject to future vesting.