Teekay Tankers (NYSE: TNK) CEO awarded 30,020 RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Hvid Kenneth reported acquisition or exercise transactions in this Form 4 filing.

Teekay Tankers Ltd. reported that President and CEO Kenneth Hvid received a grant of 30,020 Restricted Stock Units (RSUs) on June 8, 2026 as equity compensation. Each RSU represents one Class A Common Share and vests in three equal annual installments on June 2, 2027, June 2, 2028, and June 2, 2029. Following this grant, Hvid holds 30,020 RSUs directly, with no open-market share purchases or sales reported in this filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hvid Kenneth

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	30,020	$0.00	--

Holdings After Transaction: Restricted Stock Units — 30,020 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 30,020 units Underlying shares: 30,020 Class A Common Shares Vesting schedule: 3 equal annual installments

3 metrics

RSUs granted 30,020 units Grant of Restricted Stock Units on June 8, 2026

Underlying shares 30,020 Class A Common Shares Each RSU equals one Class A Common Share

Vesting schedule 3 equal annual installments Vesting on June 2, 2027, 2028 and 2029

Key Terms

Restricted Stock Units, Class A Common Shares, Grant, award, or other acquisition, Form 4

4 terms

Restricted Stock Units financial

"Each RSU represents a contingent right to receive one share of Class A Common Shares"

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"

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).

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

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.

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Form 4 Insider Transactions: What Each Field Means →

06/09/2026 - 08:50 PM

SEC Form 4

FORM 4

UNITED 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^*

Hvid Kenneth

(Last)

(First)

(Middle)

SUITE 2100, BENTALL 5

550 BURRARD STREET

(Street)

VANCOUVER

V6C 2K2

(City)

(State)

(Zip)

BRITISH COLUMBIA, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
TEEKAY TANKERS LTD. [ TNK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/08/2026		A		30,020		⁽¹⁾	⁽¹⁾	Class A Common Shares	30,020	$0	30,020	D

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/ Kenneth Hvid	06/09/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Teekay Tankers (TNK) report for CEO Kenneth Hvid?

Teekay Tankers reported that CEO Kenneth Hvid received a grant of 30,020 Restricted Stock Units. These RSUs are a form of equity compensation and each unit represents a contingent right to receive one Class A Common Share of the company.

How many Restricted Stock Units did the Teekay Tankers CEO receive in this Form 4?

Kenneth Hvid received 30,020 Restricted Stock Units in this Form 4 transaction. The grant increased his directly held RSU balance to 30,020 units, with no accompanying open-market purchases or sales disclosed in the filing.

When do the 30,020 RSUs granted to Teekay Tankers CEO vest?

The 30,020 RSUs vest in three equal annual installments. They vest on June 2, 2027, June 2, 2028, and June 2, 2029, providing a multi-year incentive structure tied to continued service and company performance.

What does each RSU granted to the Teekay Tankers CEO represent?

Each Restricted Stock Unit granted to the CEO represents a contingent right to receive one Class A Common Share. The units convert into shares only upon vesting, aligning executive compensation with long-term shareholder interests over several years.

Did the Teekay Tankers Form 4 show any stock sales or purchases by the CEO?

The Form 4 shows only an equity grant of 30,020 RSUs to the CEO and no open-market stock purchases or sales. The transaction code "A" indicates a grant or award acquisition rather than a discretionary buy or sell in the market.

How is the CEO’s ownership affected by the 30,020 RSU grant at Teekay Tankers?

After the grant, the CEO is reported as directly holding 30,020 Restricted Stock Units. These RSUs will convert into Class A Common Shares only as they vest over three years, so the economic exposure increases progressively rather than immediately.