Talen Energy president settles RSUs with stock and cash
On July 15, 2026, Talen Energy president Terry L. Nutt settled 20,780 2023 Restricted Stock Units granted under the 2023 Equity Incentive Plan.
Rhea-AI Filing Summary
On July 15, 2026, Talen Energy president Terry L. Nutt settled 20,780 2023 Restricted Stock Units granted under the 2023 Equity Incentive Plan. The final installment vested on July 10, 2026, with 60% of the after-tax value settled in cash and 8,312 shares of common stock delivered.
To cover tax withholding from this vesting, he surrendered 3,271 shares to the company at $385.80 per share in an exempt Rule 16b-3(e) transaction. After these transactions, he held 72,865 shares of Talen Energy common stock directly, including 63 shares purchased through the 2025 Employee Stock Purchase Plan on June 30, 2026.
Positive
- None.
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Insider Trade Summary
20,780 shares exercised/converted
Exercise
3 txns
Insider
Nutt Terry L
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Restricted Stock Units F1 | 20,780 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 8,312 | -- | -- |
| Tax Withholding | Common Stock F3 | 3,271 | $385.80 | $1.26M |
Holdings After Transaction:
2023 Restricted Stock Units — 0 contracts (Direct);
Common Stock — 72,865 shares (Direct)
Footnotes (3)
- 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 July 10, 2023 and the final installment of the reporting person's RSUs vested on July 10, 2026, the third anniversary of the vesting commencement date, with 60% of the after-tax value of such RSUs settled in cash.
- F2. Includes 63 shares of the Company's common stock purchased from the 2025 Talen Energy Corporation Employee Stock Purchase Plan on June 30, 2026.
- F3. In an exempt disposition to the Company under Rule 16b-3(e), the reporting person remitted shares to the Company in connection with the satisfaction of tax withholding obligations arising out of the vesting of the RSUs.
Key Figures
RSUs settled: 20,780 units
Common stock delivered: 8,312 shares
Tax withholding shares: 3,271 shares
+4 more
7 metrics
RSUs settled
20,780 units
2023 Restricted Stock Units settled on July 15, 2026
Common stock delivered
8,312 shares
Shares of common stock issued upon RSU settlement
Tax withholding shares
3,271 shares
Shares remitted to the company to satisfy tax withholding obligations
Tax withholding price
$385.80 per share
Price used for shares remitted under Rule 16b-3(e)
Post-transaction holdings
72,865 shares
Direct common stock holdings after the reported transactions
Cash settlement portion
60% of after-tax value
Portion of RSU after-tax value settled in cash
ESPP shares
63 shares
Shares purchased via the 2025 Employee Stock Purchase Plan on June 30, 2026
Key Terms
Restricted Stock Unit ("RSU"), Equity Incentive Plan, Rule 16b-3(e), Employee Stock Purchase Plan
4 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") was issued under the Talen Energy Corporation 2023 Equity Incentive Plan"
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.
Rule 16b-3(e) regulatory
"In an exempt disposition to the Company under Rule 16b-3(e), the reporting person remitted shares"
Employee Stock Purchase Plan financial
"purchased from the 2025 Talen Energy Corporation Employee Stock Purchase Plan on June 30, 2026"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
FAQ
What RSU transaction did Talen Energy (TLN) report for President Terry L. Nutt?
Talen Energy reported that President Terry L. Nutt settled 20,780 RSUs on July 15, 2026. These 2023 grants vested on July 10, 2026 under the 2023 Equity Incentive Plan, with 60% of the after-tax value paid in cash and 8,312 shares of common stock issued.
What plan governed the 2023 RSUs reported for Talen Energy (TLN)?
The 2023 RSUs were issued under the Talen Energy Corporation 2023 Equity Incentive Plan. Each RSU represents a contingent right to one share of common stock or its cash equivalent, as determined at settlement by the Compensation Committee in accordance with the plan’s terms.
What role did the Employee Stock Purchase Plan play in Terry L. Nutt’s TLN holdings?
The Form 4 notes that Nutt’s holdings include 63 shares of common stock acquired through the 2025 Talen Energy Corporation Employee Stock Purchase Plan. These shares were purchased on June 30, 2026 and are part of his directly held 72,865-share position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
