Director at Teekay Tankers (NYSE: TNK) receives 1,883 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krediet Rudolph reported acquisition or exercise transactions in this Form 4 filing.
Teekay Tankers Ltd. director Rudolph Krediet reported receiving a grant of restricted stock units as part of equity compensation. On this Form 4, he was awarded 1,883 Restricted Stock Units at a reference price of $71.66 per unit, which are not an open-market purchase. Following this grant, his directly held non-derivative equity position reported in the filing increased to 4,741 units, aligning his incentives more closely with shareholders through additional stock-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Krediet Rudolph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,883 | $71.66 | $135K |
Holdings After Transaction:
Restricted Stock Units — 4,741 shares (Direct, null)
Footnotes (1)
Key Figures
RSU grant size: 1,883 units
Reference price per unit: $71.66 per unit
Holdings after transaction: 4,741 units
3 metrics
RSU grant size
1,883 units
Restricted Stock Units granted on June 8, 2026
Reference price per unit
$71.66 per unit
Reported transaction price for RSU grant
Holdings after transaction
4,741 units
Total non-derivative equity directly held after grant
Key Terms
Restricted Stock Units, Form 4, grant, award, or other acquisition, non-derivative
4 terms
Restricted Stock Units financial
"Security title for the reported transaction is Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 4 regulatory
"The insider transaction is disclosed on a Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant, award, or other acquisition financial
"The transaction code description is grant, award, or other acquisition."
non-derivative financial
"The transaction is classified as a non-derivative equity transaction."
FAQ
What insider transaction did TNK director Rudolph Krediet report?
Rudolph Krediet reported receiving a grant of 1,883 Restricted Stock Units in Teekay Tankers Ltd. This award is recorded on a Form 4 and reflects stock-based compensation rather than an open-market share purchase or sale.
How many Teekay Tankers (TNK) units does Rudolph Krediet hold after the grant?
After the 1,883-unit grant, Rudolph Krediet’s total directly held non-derivative equity reported in the filing is 4,741 units. This figure shows his updated ownership position following the restricted stock unit award.
Was the TNK Form 4 transaction a stock purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The Form 4 codes it as an “A” transaction, described as a grant, award or other acquisition of 1,883 Restricted Stock Units at a reference price of $71.66 per unit.
What price per unit is associated with the TNK restricted stock unit grant?
The restricted stock unit grant to Rudolph Krediet is associated with a reference price of $71.66 per unit. This price is used for reporting purposes in the Form 4 and does not represent an open-market trade execution.
Does the TNK Form 4 show any insider sales by Rudolph Krediet?
The filing does not show any insider sales by Rudolph Krediet. It reports only one transaction coded as an acquisition grant of 1,883 Restricted Stock Units, with no dispositions or open-market sales indicated in the transaction summary.