Director at Talen Energy (TLN) sells 2,600 shares in open trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Talen Energy Corp director Abbas Gizman I reported an open-market sale of 2,600 shares of Common Stock at $380 per share. After this transaction, he directly owns 2,606 shares. This filing highlights a meaningful reduction in his personal stake but no change to company operations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,600 shares ($988,000)
Net Sell
1 txn
Insider
ABBAS GIZMAN I
Role
null
Sold
2,600 shs ($988K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,600 | $380.00 | $988K |
Holdings After Transaction:
Common Stock — 2,606 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,600 shares
Sale price per share: $380.00 per share
Shares owned after sale: 2,606 shares
3 metrics
Shares sold
2,600 shares
Open-market sale of Common Stock
Sale price per share
$380.00 per share
Price for the 2,600-share sale
Shares owned after sale
2,606 shares
Direct holdings following transaction
Key Terms
open-market sale, Common Stock, Form 4
3 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TLN director Abbas Gizman report?
Director Abbas Gizman reported an open-market sale of Talen Energy Corp Common Stock. He sold 2,600 shares at $380 per share and, after the transaction, now directly holds 2,606 shares, according to the Form 4 insider trading disclosure.
Was the Talen Energy insider trade a buy or a sell?
The Talen Energy Corp insider trade was a sell transaction. Director Abbas Gizman executed an open-market sale of 2,600 Common Stock shares at $380 per share, as reported under transaction code S in the Form 4 filing.
Did the Talen Energy director use derivatives in this transaction?
The transaction involved only non-derivative Common Stock shares. The Form 4 shows a single open-market sale of 2,600 shares, with no derivative securities, option exercises, or conversions reported in the derivative transaction section.