Teekay Tankers (TNK) executive details RSU awards and share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Teekay Tankers Ltd. executive Rohit Kapoor, Managing Director Singapore, filed an initial Form 3 showing his equity interests in the company. The filing lists several awards of Restricted Stock Units, including a grant covering 25,000 Class A Common Shares and other smaller RSU positions, plus 6,486.9823 Class A Common Shares held directly. Each RSU represents a right to receive one Class A share, with vesting schedules on June 2, 2026, annually through June 2, 2027 and June 2, 2028, and a separate grant that cliff vests on March 10, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Kapoor Rohit (RK2)
Role
Managing Director, Sinagpore
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 854.222 shares (Direct);
Class A Common Shares — 6,486.982 shares (Direct)
Footnotes (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. 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. 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. 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
What does the Teekay Tankers (TNK) Form 3 filing by Rohit Kapoor report?
The Form 3 reports Rohit Kapoor’s existing equity holdings in Teekay Tankers. It details several Restricted Stock Unit (RSU) awards tied to Class A Common Shares and 6,486.9823 Class A Common Shares held directly, establishing his initial beneficial ownership position.
When do Rohit Kapoor’s Teekay Tankers (TNK) RSUs vest?
The RSUs vest on several future dates from 2026 to 2030. One grant vests on June 2, 2026, others vest annually through June 2, 2027 and June 2, 2028, and a separate award cliff vests on March 10, 2030.
What type of securities are disclosed in Rohit Kapoor’s Teekay Tankers (TNK) Form 3?
The filing discloses Restricted Stock Units and Class A Common Shares. The RSUs each correspond to one Class A Common Share at a zero exercise price, and Kapoor also directly holds 6,486.9823 Class A Common Shares as reported.
Does the Teekay Tankers (TNK) Form 3 show any insider buying or selling by Rohit Kapoor?
The filing does not show insider purchases or sales; it lists holdings only. All entries are reported as holdings of RSUs and common shares, with unknown transaction codes and no buy or sell transactions indicated in the data.