STOCK TITAN

4,596 RSUs awarded to Teekay Tankers (TNK) Chief Commercial Officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Seidelin Mikkel reported acquisition or exercise transactions in this Form 4 filing.

TEEKAY TANKERS LTD. granted Chief Commercial Officer Mikkel Seidelin 4,596 Restricted Stock Units (RSUs) as equity compensation. Each RSU represents a contingent right to receive one Class A Common Share. Following the grant, he holds 4,596 RSUs directly.

The RSUs vest annually in three equal installments on June 2, 2027, 2028 and 2029, meaning the shares are earned over time if service conditions are met. The grant was recorded at an effective price of $0.00 per unit, consistent with a standard award rather than a market purchase.

Positive

  • None.

Negative

  • None.
Insider Seidelin Mikkel
Role Chief Commercial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 4,596 $0.00 --
Holdings After Transaction: Restricted Stock Units — 4,596 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 4,596 units Restricted Stock Units granted on June 8, 2026
Transaction price $0.00 per unit Grant/award acquisition of RSUs
Underlying shares 4,596 Class A Common Shares Each RSU equals one Class A Common Share
Holdings after grant 4,596 RSUs Total derivative securities following transaction
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer."
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.
Class A Common Shares financial
"Each RSU represents a contingent right to receive one share of Class A Common Shares of the issuer."
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).
vest financial
"The RSUs vest annually in three equal installments on June 2, 2027, 2028 and 2029."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Seidelin Mikkel

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

(Street)
HAMILTONHM 12

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
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
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
Restricted Stock Units(1)06/08/2026A4,596 (1) (1)Class A Common Shares4,596$04,596D
Explanation of Responses:
1. 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, 2027, 2028 and 2029.
Remarks:
/s/ Mikkel Seidelin06/09/2026
** 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)

FAQ

What did Teekay Tankers (TNK) disclose in this Form 4 for Mikkel Seidelin?

Teekay Tankers reported a grant of 4,596 Restricted Stock Units to Chief Commercial Officer Mikkel Seidelin. These RSUs are a form of equity compensation that may convert into Class A Common Shares if vesting conditions are satisfied over time.

How many RSUs were granted to the Teekay Tankers (TNK) Chief Commercial Officer?

The Chief Commercial Officer received 4,596 Restricted Stock Units. Each RSU represents a contingent right to one Class A Common Share, providing potential future ownership if the executive remains with the company through the vesting dates.

What is the vesting schedule for the 4,596 RSUs at Teekay Tankers (TNK)?

The 4,596 RSUs vest in three equal annual installments on June 2, 2027, June 2, 2028, and June 2, 2029. This staggered schedule encourages longer-term retention and aligns the executive’s interests with shareholder outcomes over several years.

What does each Restricted Stock Unit represent in the Teekay Tankers (TNK) grant?

Each RSU represents a contingent right to receive one Class A Common Share of Teekay Tankers. The units do not become actual shares until they vest, subject to continued service and any other applicable conditions specified by the company.

Was this Teekay Tankers (TNK) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant/award acquisition of RSUs coded as “A,” not an open-market trade. The transaction price is listed as $0.00 per unit, which is typical for equity compensation awards rather than investor-initiated buying or selling.

How many derivative securities does the Teekay Tankers (TNK) executive hold after this RSU grant?

After the grant, the executive holds 4,596 Restricted Stock Units directly, according to the filing. There are no additional derivative positions listed in the derivative summary, so this award represents the visible RSU position in this report.