Teekay Tankers CCO reports initial holdings

Accepted by SEC EDGAR 03/17/2026 - 08:48 PM EDT

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Form Type

Rhea-AI Filing Summary

TEEKAY TANKERS LTD. Chief Commercial Officer Mikkel Seidelin filed an initial Form 3 reporting his ownership in the company. He holds 5,615.4861 Class A Common Shares directly, plus multiple restricted stock unit awards covering 1,098.2847, 1,195.4038, 1,774.0300, 6,968.8832 and 25,000 underlying shares.

The RSUs represent rights to receive Class A shares at no exercise price and vest on schedules running from June 2, 2026 through March 10, 2030, including annual installment vesting and a large cliff-vesting award. The filing does not report any open-market purchases or sales.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Seidelin Mikkel

Role Chief Commercial Officer

Type	Security	Shares	Price	Value
Holding	Restricted Stock Units	--	--	--
Holding	Restricted Stock Units	--	--	--
Holding	Restricted Stock Units	--	--	--
Holding	Restricted Stock Units	--	--	--
Holding	Restricted Stock Units	--	--	--
Holding	Class A Common Shares	--	--	--

Holdings: Restricted Stock Units — 36,036.6017 contracts (Direct); Class A Common Shares — 5,615.4861 shares (Direct)

Footnotes (5)

F1. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs vest on June 2, 2026.
F2. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs vest annually in two equal installments on June 2, 2026 and 2027.
F3. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs vest annually in two equal installments on June 2, 2026 and 2027.
F4. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs vest annually in three equal installments on June 2, 2026, 2027 and 2028.
F5. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs cliff vest on March 10, 2030.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Teekay Tankers (TNK) Form 3 filing by Mikkel Seidelin show?

The Form 3 shows Chief Commercial Officer Mikkel Seidelin’s initial reported holdings in Teekay Tankers. He directly owns 5,615.4861 Class A Common Shares and several restricted stock unit (RSU) awards that convert into additional Class A shares over future vesting dates.

How many Teekay Tankers (TNK) shares does Mikkel Seidelin directly hold on Form 3?

Mikkel Seidelin directly holds 5,615.4861 Class A Common Shares according to the Form 3. This figure reflects his reported direct ownership and is separate from his restricted stock units, which convert into additional Class A shares when they vest over time.

What restricted stock units did Teekay Tankers (TNK) grant to Mikkel Seidelin?

The filing lists five RSU positions tied to Class A Common Shares: 1,098.2847, 1,195.4038, 1,774.0300, 6,968.8832 and 25,000 underlying shares. Each RSU represents a contingent right to receive one Class A share, subject to future vesting conditions described in the footnotes.

When do Mikkel Seidelin’s Teekay Tankers (TNK) RSUs vest?

The RSUs vest on several schedules. Some awards vest on June 2, 2026, others in two equal installments on June 2, 2026 and 2027, another in three equal installments on June 2 of 2026, 2027 and 2028, and a 25,000-unit grant cliff vests on March 10, 2030.

Does the Teekay Tankers (TNK) Form 3 show any insider buying or selling by Mikkel Seidelin?

The Form 3 does not report any open-market purchases or sales by Mikkel Seidelin. Instead, it records his existing direct holdings of Class A Common Shares and his restricted stock unit awards, which are compensation-related equity that may convert into shares as they vest.

What is the exercise price of Mikkel Seidelin’s Teekay Tankers (TNK) RSUs?

Each restricted stock unit has an exercise price of 0.0000, meaning no cash payment is required at vesting. When vesting conditions are met, each RSU converts into one Class A Common Share of Teekay Tankers, subject to the specific vesting schedule outlined in the filing’s footnotes.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Seidelin Mikkel

(Last)

(First)

(Middle)

2ND FLOOR, SWAN BUILDING

26 VICTORIA STEET

(Street)

HAMILTON

HM 12

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
TEEKAY TANKERS LTD. [ TNK ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Commercial Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Shares	5,615.4861	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	⁽¹⁾	⁽¹⁾	Class A Common Shares	1,098.2847⁽¹⁾	⁽¹⁾	D
Restricted Stock Units	⁽²⁾	⁽²⁾	Class A Common Shares	1,195.4038⁽²⁾	⁽²⁾	D
Restricted Stock Units	⁽³⁾	⁽³⁾	Class A Common Shares	1,774.03⁽³⁾	⁽³⁾	D
Restricted Stock Units	⁽⁴⁾	⁽⁴⁾	Class A Common Shares	6,968.8832⁽⁴⁾	⁽⁴⁾	D
Restricted Stock Units	⁽⁵⁾	⁽⁵⁾	Class A Common Shares	25,000⁽⁵⁾	⁽⁵⁾	D

Explanation of Responses:

1. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs vest on June 2, 2026.

2. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs vest annually in two equal installments on June 2, 2026 and 2027.

3. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs vest annually in two equal installments on June 2, 2026 and 2027.

4. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs vest annually in three equal installments on June 2, 2026, 2027 and 2028.

5. Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer. The RSUs cliff vest on March 10, 2030.

Remarks:

Exhibit 24 Power of Attorney attached herewith

	/s/ Mikkel Seidelin	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR