Form 4: Teekay Corp Director Sells Shares
Insider Transaction (Form 4)
Simon Heidi Locke, a Director of Teekay Corp Ltd, sold 11,585 shares of common stock on September 10, 2026 for $14.08 per share.
Summary
- Option exercise/conversion: acquired 11,585 Common Stock at $5.81 ($67,309) on September 10, 2026; holds 57,586 after (Direct).
- Open-market sale: disposed of 11,585 Common Stock at $14.08 ($163,119) on September 10, 2026; holds 46,001 after (Direct).
- Option exercise/conversion: disposed of 11,585 Stock Option ("Right to Buy") at $5.81 ($67,309) on September 10, 2026; holds 10,000 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $163,119 of stock on the open market.
Insider Transactions
Simon Heidi Locke — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-10 | Option exercise/conversion | Common Stock | 11,585 | $6 | $67.3K | 57,585.51 |
| 2026-09-10 | Open-market sale | Common Stock | 11,585 | $14 | $163.1K | 46,000.51 |
| 2026-09-10 | Option exercise/conversion | Stock Option ("Right to Buy") | 11,585 | $6 | $67.3K | 10,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-10 | Option exercise/conversion (11,585 shares) |
| 2026-09-10 | Open-market sale (11,585 shares) |
| 2026-09-10 | Option exercise/conversion (11,585 shares) |
Keywords
insider transaction, Form 4, TK, TEEKAY CORP LTD, bearish, Simon Heidi Locke
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