Talen Energy (TLN) director receives grant of 448 Restricted Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ABBAS GIZMAN I reported acquisition or exercise transactions in this Form 4 filing.
Talen Energy Corp director Abbas Gizman I received a grant of 448 "2026 Restricted Stock Units" on February 26, 2026. These RSUs were issued under the Talen Energy Corporation 2023 Equity Incentive Plan and represent rights to receive an equal number of common shares or cash. The award will vest on February 25, 2027, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ABBAS GIZMAN I
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)
- 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.
FAQ
What insider transaction did Talen Energy Corp (TLN) report in this Form 4?
Talen Energy Corp reported a grant of 448 Restricted Stock Units to director Abbas Gizman I. The units were awarded at no purchase price under the 2023 Equity Incentive Plan and are contingent rights to receive common stock or cash on settlement.
Who is the reporting person in this Talen Energy Corp (TLN) Form 4 filing?
The reporting person is Abbas Gizman I, a director of Talen Energy Corp. He reported receiving 448 Restricted Stock Units as a grant under the company’s 2023 Equity Incentive Plan, increasing his directly held derivative equity position in the form of RSUs.
How many Restricted Stock Units were granted in the Talen Energy Corp (TLN) Form 4?
The Form 4 shows a grant of 448 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Talen Energy Corp common stock, or its cash equivalent, as determined at settlement by the Compensation Committee under the equity plan.
When do the granted Talen Energy Corp (TLN) RSUs vest for Abbas Gizman I?
The granted Restricted Stock Units are scheduled to vest on February 25, 2027. Vesting is conditioned on Abbas Gizman I’s continued service through that date, meaning the units only settle into stock or cash if he remains in service until vesting.
Under what plan were the Talen Energy Corp (TLN) RSUs issued in this Form 4?
The RSUs were issued under the Talen Energy Corporation 2023 Equity Incentive Plan. This plan allows the company to grant equity-based awards where each RSU represents a contingent right to receive one share of common stock or a cash equivalent at settlement.
What does each Talen Energy Corp (TLN) Restricted Stock Unit represent in this filing?
Each Restricted Stock Unit represents a contingent right to receive one share of Talen Energy Corp common stock or its cash equivalent. The Compensation Committee determines whether settlement will be in shares or cash under the terms of the 2023 Equity Incentive Plan.