Teekay Tankers (TNK) Director David Schellenberg Receives RSU Award

What Happened David Schellenberg, a director of Teekay Tankers Ltd. (TNK), received a grant of 1,883 deferred restricted stock units (RSUs) on 2026-06-08. The award is reported as a derivative acquisition at $0.00 per unit (no immediate cash paid or proceeds), so the reported transaction value is $0. This is an equity award (compensation/retention), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-08 (reported on Form 4 filed 2026-06-09). Transaction code: A (award/grant).
• Grant size and price: 1,883 deferred RSUs @ $0.00 (derivative award; reported acquisition value $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Each deferred RSU represents a vested right to receive one Class A common share; vested units may be released when the reporting person elects, no later than 10 years from the grant date (Footnote F1).
• Timeliness: Filing appears timely (filed one day after the reported transaction date).

Context Deferred RSUs are a form of compensation that entitles the holder to receive shares at a future date (or upon election), so they do not immediately increase tradable share count or generate cash. Such grants are common for directors and executives as retention/compensation and are not the same signal as an insider buying or selling stock.