Teekay Tankers grants 4,596 RSUs to executive
Seidelin Mikkel reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,596 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Restricted Stock Units financial
vest financial
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Teekay Tankers (TNK) disclose in this Form 4 for Mikkel Seidelin?
How many RSUs were granted to the Teekay Tankers (TNK) Chief Commercial Officer?
What is the vesting schedule for the 4,596 RSUs at Teekay Tankers (TNK)?
What does each Restricted Stock Unit represent in the Teekay Tankers (TNK) grant?
Was this Teekay Tankers (TNK) Form 4 transaction a market purchase or sale?
How many derivative securities does the Teekay Tankers (TNK) executive hold after this RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.