STOCK TITAN

Teekay Tankers (NYSE: TNK) director to sell 741 shares

(Neutral)
(Neutral)
Form Type
144

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.

Positive

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Negative

  • None.
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
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.

How many TNK shares are covered by Heidi Locke Simon’s Rule 144 filing?

The Rule 144 filing covers a proposed sale of 741 shares of Teekay Tankers Ltd. common stock. These shares are associated with Restricted Units and are expected to be sold for cash on or after August 18, 2026.

What is the approximate value of the TNK shares in this Rule 144 notice?

The filing lists an aggregate value of $42,182.85 for the 741 shares of Teekay Tankers Ltd. common stock. This value reflects the amount tied to the proposed sale disclosed under Rule 144.

When is the proposed sale date for the TNK shares under this Form 144?

The proposed sale date disclosed is August 18, 2026. This is the date associated with the planned cash sale of 741 shares of Teekay Tankers Ltd. common stock under Rule 144.

Which broker is involved in the planned TNK share sale under Rule 144?

The notice identifies Morgan Stanley Wealth Management Canada Inc. as the broker for the proposed sale. The filing ties this broker to the 741-share Rule 144 transaction in Teekay Tankers Ltd. common stock.

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

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Learn about SEC filing dates

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