Teekay Tankers (TNK) Director Peter Antturi Receives Award of 17.349 DERs

What Happened Peter Antturi, a director of Teekay Tankers Ltd. (TNK), was granted/acquired 17.349 derivative units (DERs) on August 21, 2026. These DERs were recorded as an award/acquisition on a Form 4 filed August 25, 2026. No per-share price or cash value is reported on the form (N/A) because these are dividend-equivalent rights rather than open-market share purchases.

Key Details

• Transaction date: 2026-08-21; Form 4 filed: 2026-08-25. No late filing is indicated.
• Transaction type/code: A — Award/Grant (derivative acquisition).
• Amount: 17.349 DERs (footnote gives 17.3485 as the computed amount; reported as 17.349).
• Price/value: N/A on the filing (DERs are calculated using a $0.25 dividend per share and the share fair value on the dividend payment date; see footnote).
• Shares owned after transaction: not specified in the filing.
• Footnote: The DERs were accrued on previously deferred RSUs. The number of DERs is calculated by multiplying the dividend per share ($0.25) by outstanding RSUs/deferred RSUs and dividing by the fair value of common stock on the dividend payment date. Each DER is the economic equivalent of one share.

Context DERs are dividend-equivalent rights tied to previously deferred RSUs and represent economic exposure to dividends rather than an outright share purchase or sale. Such awards generally reflect compensation/dividend adjustments and do not by themselves signal an insider buying or selling stock in the open market.