Teekay (NYSE: TK) director plans sale of 2,581 NYSE shares
Teekay (NYSE: TK) director Heidi Locke Simon plans to sell 2,581 shares, acquired as Restricted Units on 06/17/2025, through Morgan Stanley Wealth Management Canada Inc. The sale is expected to occur on 08/21/2026, with an approximate market value of $34,043.39.
How this was made
The 30-second read
Why it matters
A small insider sale typically has limited market impact but may signal future supply.
Market read
Routine insider sale with modest size; low trading relevance.
What to watch
Potential lock‑up expiration of other insiders or upcoming corporate actions could amplify impact.
Background
Form 144 disclosures signal when restricted insider shares may enter the market.
Ticker impact
Director Heidi Locke Simon filed a Form 144 to sell 2,581 TK shares (~$34k) on 08/21/2026.
minimal downward pressure
The sale size is small relative to float and market cap, so price effect is expected to be limited.
Market effects
None
None
None
Counterpoint
The sale could be interpreted as insider confidence if the director expects price appreciation before the sale.
Key entities
- DirectorHeidi Locke Simon
Teekay director filing a Rule 144 sale.
- CompanyTeekay Corp Ltd
Issuer of the shares being sold.



