Teekay Tankers (NYSE: TNK) director to sell 741 shares
Rhea-AI Filing Summary
TEEKAY TANKERS LTD. (TNK) received a notice under Rule 144 from director Heidi Locke Simon regarding a proposed sale of common stock. The notice covers 741 shares of common stock, with an indicated aggregate value of $42,182.85, to be sold through Morgan Stanley Wealth Management Canada Inc. on or after August 18, 2026. The shares are shown as arising from Restricted Units and the expected sale method is for cash on the NYSE.
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Key Figures
Shares proposed for sale: 741 shares
Aggregate value: $42,182.85
Proposed sale date: 08/18/2026
3 metrics
Shares proposed for sale
741 shares
Common stock covered by director’s Rule 144 notice
Aggregate value
$42,182.85
Value listed for the 741 TNK common shares in the Rule 144 filing
Proposed sale date
08/18/2026
Date associated with the planned cash sale of TNK common stock
Key Terms
Rule 144, Restricted Units, Common Stock
3 terms
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 | 06/08/2026 | Restricted Units | Teekay Tankers Ltd."
Common Stock financial
"Common Stock | Morgan Stanley Wealth Management Canada Inc."
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.
FAQ
What insider transaction is disclosed for TNK in this Form 144?
Director Heidi Locke Simon filed a Rule 144 notice for a proposed sale of 741 shares of Teekay Tankers Ltd. common stock. The transaction involves shares from Restricted Units and is planned to be executed for cash through a broker.
AI-generated analysis. How Rhea-AI works. Not financial advice.