Teekay Tankers (TNK) director awarded 1,883 deferred RSUs, now holds 8,510
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TEEKAY TANKERS LTD. director David Schellenberg received a grant of 1,883 Deferred Restricted Stock Units on Class A Common Shares as equity compensation. After this award, he holds a total of 8,510.0049 deferred RSUs directly. Each deferred RSU represents a vested right to receive one Class A Common Share, which may be released at a time he elects, but no later than 10 years from the grant date. This Form 4 reflects a compensation-related acquisition rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schellenberg David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Unit | 1,883 | $0.00 | -- |
Holdings After Transaction:
Deferred Restricted Stock Unit — 8,510.005 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred RSUs granted: 1,883 units
Total deferred RSUs after grant: 8,510.0049 units
Grant price per unit: $0.00 per unit
+2 more
5 metrics
Deferred RSUs granted
1,883 units
Grant on 2026-06-08 to director David Schellenberg
Total deferred RSUs after grant
8,510.0049 units
Holdings following reported transaction
Grant price per unit
$0.00 per unit
Compensation-related award with no cash paid by insider
Underlying Class A shares
1,883 shares
Each deferred RSU equals one Class A Common Share
Maximum deferral period
10 years
Units may be released no later than 10 years from grant date
Key Terms
Deferred Restricted Stock Unit, Class A Common Shares, vested right, Form 4
4 terms
Deferred Restricted Stock Unit financial
"Each deferred RSU represents a vested right to receive one share of Class A Common Shares"
vested right financial
"Each deferred RSU represents a vested right to receive one share"
Form 4 regulatory
"This Form 4 reflects a compensation-related acquisition rather than an open-market stock purchase or sale"
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.
FAQ
What insider transaction did Teekay Tankers (TNK) report for David Schellenberg?
Teekay Tankers reported that director David Schellenberg received 1,883 Deferred Restricted Stock Units. These units are an equity compensation grant tied to Class A Common Shares, not an open-market stock purchase or sale.
What is David Schellenberg’s total Deferred RSU position in Teekay Tankers (TNK) after this grant?
After the grant, David Schellenberg holds 8,510.0049 Deferred Restricted Stock Units directly. This total reflects his updated equity-based compensation position tied to Teekay Tankers’ Class A Common Shares.
When can the Teekay Tankers (TNK) deferred RSUs granted to David Schellenberg be released?
The vested deferred RSUs may be released at the time David Schellenberg elects, but no later than 10 years from the grant date. This provides flexibility on when he actually receives the underlying Class A Common Shares.
Did the Teekay Tankers (TNK) Form 4 show any insider stock sales or purchases?
The Form 4 shows no open-market stock purchases or sales. It reports a grant of 1,883 Deferred Restricted Stock Units to director David Schellenberg as a compensation-related acquisition of derivative securities.