Locke Simon Heidi exercised Options for 11,585 Teekay shares at $5.81 per share on 2026-09-10 and sold 11,585 shares at $14.08. The reported transactions also show 20.1% proportions for the share transactions and 53.7% for the derivative-securities transaction, quantifying their size against holdings.
Key Highlights
- Locke Simon Heidi held 57,586 Teekay shares after the option exercise.
- The sale left Locke Simon Heidi with 46,001 Teekay shares.
- The derivative-securities transaction represented about 53.7% of the prior derivative securities holding.
Locke Simon Heidi exercised options for 11,585 TEEKAY CORP LTD shares at $5.81 per share on 10 September 2026. The director also sold 11,585 TEEKAY CORP LTD shares at $14.08 per share, while a separate transaction covered 11,585 derivative securities at $5.81 per share.
Option Exercise and Share Sale Details
After the share exercise, Locke Simon Heidi owned 57,586 shares. The sale was followed by reported ownership of 46,001 shares, while the derivative-securities transaction was followed by ownership of 10,000 derivative securities.
Transactions Measured Against Insider Holdings
The reported proportions tie each transaction to a stated ownership base. The share exercise represented about 20.1% of the resulting shares holding, while the sale represented about 20.1% of the prior shares holding. The derivative-securities exercise represented about 53.7% of the prior derivative securities holding. The figures are reported separately for shares and derivative securities, with the share transactions using different prior or resulting holding references.
FAQs
Q: What did Locke Simon Heidi do in the Teekay insider transaction?
A: Locke Simon Heidi exercised options for 11,585 shares at $5.81 per share and sold 11,585 shares at $14.08 per share on 10 September 2026. A separate transaction involved 11,585 derivative securities at $5.81 per share.
Q: What were Locke Simon Heidi’s post-transaction Teekay holdings?
A: The reported share holdings were 57,586 after the option exercise and 46,001 after the sale. The derivative-securities holding following its transaction was 10,000.
Q: How large were the Teekay insider transactions relative to holdings?
A: The share exercise and share sale each represented about 20.1% against their respective stated share-holding bases. The derivative-securities transaction represented about 53.7% of the prior derivative securities holding.
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