STOCK TITAN

Teekay Tankers director sells $744K in shares

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

TEEKAY TANKERS LTD. (TNK) director David Schellenberg reported selling a total of 7,445 Class A Common Shares in two open market or private transactions, consisting of 7,344 shares on September 16, 2026 and 101 shares on September 15, 2026, each at $100 per share. No Rule 10b5-1 trading plan is reported, and post-transaction share holdings are not stated.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Schellenberg David
Role Director
Sold 7,445 shs ($745K)
Type Security Shares Price Value
Sale Class A Common Shares 7,344 $100.00 $734K
Sale Class A Common Shares 101 $100.00 $10K
Holdings After Transaction: Class A Common Shares — 0 shares (Direct)
Total shares sold 7,445 shares Aggregate of reported sales by director on September 15–16, 2026
Sale price per share $100.00 per share Price reported for both transactions
Shares sold on September 16, 2026 7,344 shares Class A Common Shares sold in a single transaction
Shares sold on September 15, 2026 101 shares Class A Common Shares sold in a single transaction
Aggregate sale value $744,500 7,445 shares sold at $100 per share
Class A Common Shares financial
"The reported transactions involve Class A Common Shares of TEEKAY TANKERS LTD."
A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).
open market or private transaction financial
"Each sale is described as a Sale in open market or private transaction."

FAQ

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

What insider activity did TNK report for director David Schellenberg?

TEEKAY TANKERS LTD. reported that director David Schellenberg sold a total of 7,445 Class A Common Shares in two open market or private transactions on September 15 and 16, 2026, each at a price of $100 per share.

How many TNK shares were sold on each date in this Form 4?

On September 16, 2026, David Schellenberg sold 7,344 Class A Common Shares. On September 15, 2026, he sold 101 Class A Common Shares. Both transactions were reported as sales in open market or private transactions.

What total value do the reported TNK share sales represent?

The Form 4 reports sales of 7,445 Class A Common Shares at $100 per share, representing an aggregate sale value of $744,500, based on the reported per-share prices and share counts.

Were the TNK insider sales made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, indicating that these reported sales were not made pursuant to a Rule 10b5-1 trading plan according to the filing.

What type of security did the TNK director sell in this Form 4?

The reported transactions involve Class A Common Shares of TEEKAY TANKERS LTD. All 7,445 shares sold on September 15 and 16, 2026 are identified as this security type.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schellenberg David

(Last)(First)(Middle)
2ND FLOOR, SWAN BUILDING
26 VICTORIA STREET

(Street)
HAMILTONHM12

(City)(State)(Zip)

BERMUDA

(Country)
2. Issuer Name and Ticker or Trading Symbol
TEEKAY TANKERS LTD. [ TNK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Shares09/15/2026S101D$1007,344D
Class A Common Shares09/16/2026S7,344D$1000D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ David Schellenberg09/16/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)

Keep reading