Teekay Tankers (NYSE: TNK) CFO discloses multi-year RSU awards
Rhea-AI Filing Summary
Teekay Tankers Ltd. Chief Financial Officer Speers Brody filed an initial ownership report detailing holdings of restricted stock units (RSUs) tied to Class A Common Shares. The filing shows RSU awards covering 980.2735, 6067.1231 and 25000.0000 underlying shares.
According to the footnotes, one RSU grant vests in two equal annual installments on June 2, 2026 and 2027, another vests in three equal annual installments on June 2, 2026, 2027 and 2028, and a third grant cliff vests on March 10, 2030. The RSUs each represent a contingent right to receive one Class A Common Share.
Positive
- None.
Negative
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Speers Brody
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 32,047.3966 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Teekay Tankers (TNK) CFO Speers Brody report in this Form 3?
The Form 3 reports initial holdings of restricted stock units (RSUs) by CFO Speers Brody. These RSUs are tied to Class A Common Shares and outline Brody’s existing equity-based compensation position, rather than new open-market purchases or sales.
How many Teekay Tankers RSUs does the CFO hold according to the filing?
The filing lists three RSU positions covering 980.2735, 6067.1231 and 25000.0000 underlying Class A Common Shares. Each RSU represents a contingent right to receive one share, reflecting different equity awards with distinct vesting schedules.
What are the vesting dates for the TNK RSUs reported by the CFO?
One RSU grant vests in two equal installments on June 2, 2026 and 2027. Another vests in three equal installments on June 2, 2026, 2027 and 2028. A third RSU grant cliff vests on March 10, 2030.
What type of security is reported in the Teekay Tankers (TNK) Form 3?
The filing reports Restricted Stock Units, each representing a contingent right to receive one Class A Common Share. These RSUs have an exercise price of 0.0000 and vest over multi-year schedules specified in the footnotes.
Who is the insider in this Teekay Tankers (TNK) Form 3 filing?
The insider is Speers Brody, who serves as Chief Financial Officer of Teekay Tankers Ltd. The filing records Brody’s directly held RSU awards linked to Class A Common Shares as of the reported date.