Talen Energy (NYSE: TLN) director uses 1,530 shares to cover RSU taxes
Rhea-AI Filing Summary
Talen Energy Corp director Joseph Nigro reported routine equity compensation activity. On May 22, 2026, he exercised 4,133 Restricted Stock Units granted under the 2023 Equity Incentive Plan, receiving common stock for vested awards.
Of the vested RSUs, 1,530 units were cash settled in an amount approximately equivalent to taxes associated with the vesting, recorded as a disposition to the issuer. After these transactions, Nigro directly held 5,206 shares of Talen Energy common stock, and the reported RSU award was fully settled with no remaining derivative position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,603 shares
Net Buy
3 txns
Insider
Nigro Joseph
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)
- 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
RSUs cash settled for taxes: 1,530 units
Shares held after transactions: 5,206 shares
+3 more
6 metrics
RSUs exercised
4,133 units
2023 Restricted Stock Units converted to common stock on May 22, 2026
RSUs cash settled for taxes
1,530 units
Portion of vested RSUs cash settled approximately equal to tax obligations
Shares held after transactions
5,206 shares
Direct ownership of Talen Energy common stock following Form 4 transactions
Disposition price per share
$324.21 per share
Recorded transaction price for 1,530-share disposition to issuer
RSU grant date
June 16, 2023
Grant of RSUs under Talen Energy Corporation 2023 Equity Incentive Plan
Final vesting date
May 17, 2026
Final installment of RSUs vested on third anniversary of vesting commencement
Key Terms
Restricted Stock Unit, Equity Incentive Plan, disposition to issuer, vesting, +1 more
5 terms
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""
vesting financial
"the final installment of the reporting person's RSUs vested on May 17, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
