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Director Joseph Nigro granted 448 RSUs at Talen Energy (TLN)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nigro Joseph reported acquisition or exercise transactions in this Form 4 filing.

Talen Energy Corp director Joseph Nigro received an equity award in the form of restricted stock units. On February 26, 2026, he was granted 448 "2026 Restricted Stock Units" at no purchase price, under the Talen Energy Corporation 2023 Equity Incentive Plan.

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 Board’s Compensation Committee. These 448 RSUs will vest on February 25, 2027, as long as Nigro continues to serve the company through that date.

Positive

  • None.

Negative

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Insider Nigro Joseph
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.
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*
Nigro Joseph

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

(Street)
HOUSTON TX 77019

(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 insider transaction did Talen Energy (TLN) report for Joseph Nigro?

Talen Energy reported that director Joseph Nigro received a grant of 448 restricted stock units on February 26, 2026. These equity awards were issued at no purchase price under the company’s 2023 Equity Incentive Plan as part of his director compensation.

How many restricted stock units did Joseph Nigro receive at Talen Energy (TLN)?

Director Joseph Nigro received 448 restricted stock units labeled as 2026 RSUs. Each RSU represents a contingent right to receive one share of Talen Energy common stock, or its cash equivalent, upon settlement in accordance with the company’s equity incentive plan terms.

When do Joseph Nigro’s Talen Energy (TLN) RSUs vest?

The 448 restricted stock units granted to Joseph Nigro will vest on February 25, 2027. Vesting is conditioned on his continued service with Talen Energy through that date, aligning his compensation with ongoing board service and company performance over the vesting period.

What does each Talen Energy (TLN) RSU granted to Joseph Nigro represent?

Each RSU granted to Joseph Nigro represents a contingent right to receive one share of Talen Energy common stock or its cash equivalent. The Compensation Committee will determine whether shares or cash are delivered at settlement, following the 2023 Equity Incentive Plan rules.

Under which plan were Joseph Nigro’s Talen Energy (TLN) RSUs issued?

The 448 restricted stock units for Joseph Nigro were issued under the Talen Energy Corporation 2023 Equity Incentive Plan. This plan governs the terms of equity awards, including whether RSUs settle in common shares or cash, as decided by the Compensation Committee at settlement.

Did Joseph Nigro buy Talen Energy (TLN) shares on the open market?

No, Joseph Nigro did not buy shares on the open market. He received 448 restricted stock units as a grant at a price of $0.00 per unit, reflecting a compensatory equity award rather than a market purchase of Talen Energy common stock.