Talen Energy director exercises 4,133 RSUs
Talen Energy Corp director Abbas Gizman I reported compensation-related equity activity.
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Form Type
4
Rhea-AI Filing Summary
Talen Energy Corp director Abbas Gizman I reported compensation-related equity activity. On May 22, 2026, he exercised 4,133 2023 Restricted Stock Units, receiving an equal number of common shares at a stated price of $0.0000 per share.
Of the RSUs vesting on May 17, 2026, 1,530 were effectively settled in cash in an amount approximately equivalent to taxes, reported as a disposition of 1,530 common shares to the issuer at $324.21 per share. Following these transactions, he directly holds 5,206 shares of Talen Energy common stock, and this RSU grant is fully settled with no remaining derivative position shown.
Insider Trade Summary
4,133 shares exercised/converted
Exercise
3 txns
Insider
ABBAS GIZMAN I
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 contracts (Direct);
Common Stock — 5,206 shares (Direct)
Footnotes (2)
- 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.
- 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).
Key Figures
RSUs exercised: 4,133 units
Disposition to issuer: 1,530 shares
Disposition price: $324.21/share
+3 more
6 metrics
RSUs exercised
4,133 units
2023 Restricted Stock Units converted to common stock on May 22, 2026
Disposition to issuer
1,530 shares
Common stock returned to issuer at $324.21 per share
Disposition price
$324.21/share
Price for 1,530-share disposition to issuer
Shares held after transactions
5,206 shares
Director’s direct common stock holdings following May 22, 2026 transactions
Exercise price of RSUs
$0.0000
Stated price per share for 4,133-share RSU conversion
RSU vesting completion
May 17, 2026
Final installment of 2023 RSUs vested on this date
Key Terms
Restricted Stock Units, Equity Incentive Plan, derivative security, Disposition to issuer, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") was issued under the Talen Energy Corporation 2023 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
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.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
contingent right financial
"represents a contingent right to receive one share of common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Talen Energy (TLN) director Abbas Gizman I report?
Abbas Gizman I reported exercising 4,133 Restricted Stock Units into common stock and a related disposition of 1,530 common shares back to Talen Energy. These moves reflect settlement of a 2023 equity award rather than open-market trading activity.
How many Talen Energy (TLN) RSUs did the director exercise in this Form 4?
The director exercised 4,133 Restricted Stock Units granted in 2023, receiving 4,133 shares of Talen Energy common stock. Each RSU represented the right to one share or its cash equivalent under the company’s 2023 Equity Incentive Plan.
Why were 1,530 Talen Energy (TLN) RSUs cash settled in this filing?
Of the RSUs vesting on May 17, 2026, 1,530 were cash settled in an amount approximately equivalent to taxes associated with the vesting. This is reported as a disposition of 1,530 common shares to the issuer at $324.21 per share.
Was this Talen Energy (TLN) Form 4 an open-market stock sale by the director?
No, the Form 4 shows an RSU exercise and a disposition to the issuer, not an open-market sale. The 1,530-share disposition relates to settlement approximately equal to taxes on vested RSUs, rather than discretionary selling on an exchange.
What plan governed the RSUs in this Talen Energy (TLN) Form 4?
The Restricted Stock Units were issued 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, as determined at settlement by the board’s Compensation Committee.
AI-generated analysis. How Rhea-AI works. Not financial advice.
