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Teekay Tankers (NYSE: TNK) holder plans 6,375-share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TEEKAY TANKERS LTD. (TNK) received a notice that Rohit Kapoor (RK2) intends to sell common shares under Rule 144. The planned sale covers 6,375 shares of common stock, with an aggregate market value of $348,351.83, and is referenced against 34,797,239 shares outstanding as of the notice. The securities are expected to be sold on the NYSE on or about August 18, 2026. The shares derive from restricted units of Teekay Tankers Ltd. acquired between June 3, 2024 and June 2, 2025, and the form lists Morgan Stanley Wealth Management Canada Inc. as the broker involved.

Positive

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Shares to be sold 6,375 shares Number of Teekay Tankers Ltd. common shares covered by the Rule 144 notice
Aggregate market value of shares to be sold $348,351.83 Aggregate market value of the 6,375 common shares referenced in the notice
Shares outstanding 34,797,239 shares Number of Teekay Tankers Ltd. common shares outstanding referenced in the Form 144
Approximate sale date 08/18/2026 Approximate date for the planned Rule 144 sale on the NYSE
Acquisition period for restricted units June 3, 2024 to June 2, 2025 Period during which the restricted units underlying the shares were acquired
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted units financial
"Common Stock | 06/02/2025 | Restricted Units | Teekay Tankers Ltd."
aggregate market value financial
"6375 | 348351.83 | 34797239 | 08/18/2026 | NYSE"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
shares outstanding financial
"6375 | 348351.83 | 34797239 | 08/18/2026 | NYSE"
Shares outstanding are the total number of a company’s stock units held by all shareholders, including institutional investors and company insiders — think of them as the total number of slices of the company’s ownership pie. Investors use this number to calculate how much of the company each share represents, and it directly affects per-share measures like earnings per share, ownership percentage and valuation; when the slice count changes, an investor’s claim and the company’s per-share metrics change too.

FAQ

What insider sale is being reported for TEEKAY TANKERS LTD. (TNK)?

The notice reports an intended Rule 144 sale of 6,375 common shares of Teekay Tankers Ltd. for the account of Rohit Kapoor (RK2), to be executed through Morgan Stanley Wealth Management Canada Inc.

What is the value of the TNK shares that may be sold under this Rule 144 notice?

The shares covered by the notice have an aggregate market value of $348,351.83. This value reflects the total market worth of the 6,375 common shares referenced in the filing at the time of the notice.

How many Teekay Tankers Ltd. (TNK) shares are outstanding in this Form 144 reference?

The Form 144 references 34,797,239 shares outstanding of Teekay Tankers Ltd. This figure is provided as context for the planned Rule 144 sale of 6,375 shares by the reporting person.

When are the TNK shares expected to be sold under this Rule 144 filing?

The approximate sale date listed is August 18, 2026. This date applies to the planned sale of 6,375 common shares of Teekay Tankers Ltd. under Rule 144 on the NYSE.

What is the origin of the TNK shares being sold by Rohit Kapoor?

The shares arise from restricted units of Teekay Tankers Ltd. The filing states these restricted units were acquired between June 3, 2024 and June 2, 2025 before being scheduled for resale under Rule 144.

Which broker is listed for the planned sale of TNK shares?

The broker listed is Morgan Stanley Wealth Management Canada Inc., located at 140 4th Avenue SW, Suite 2740, Calgary. This firm is associated with the planned sale of 6,375 common shares under the Rule 144 notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature