4//SEC Filing
Berryman Brad 4
Accession 0001628280-25-009891
CIK 0001622536other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:27 PM ET
Size
8.8 KB
Accession
0001628280-25-009891
Insider Transaction Report
Form 4
Berryman Brad
SVP & Chief Nuclear Officer
Transactions
- Award
2025 Restricted Stock Units
2025-02-28+1,963→ 1,963 total→ Common Stock (1,963 underlying) - Award
2025 Performance-Based Restricted Stock Units
2025-02-28+14,064→ 14,064 total→ Common Stock (14,064 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") was issued under the Talen Energy Corporation 2023 Equity Incentive Plan (the "Plan") and represents a contingent right to receive one share of common stock, par value $0.001 ("common stock"), of Talen Energy Corporation (the "Company") or its cash equivalent, as determined at the time of settlement by the Compensation Committee of the Company's Board of Directors (the "Committee") pursuant to the terms of the Plan.
- [F2]Represents RSUs that, subject to the reporting person's continued service, will vest on February 28, 2027.
- [F3]Each Performance-Based Restricted Stock Unit ("PSU") was issued under the Plan and represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by the Committee pursuant to the terms of the Plan.
- [F4]Represents PSUs that, subject to the reporting person's (i) continued service and (ii) achievement of applicable performance goals, will vest on February 28, 2027. The number of PSUs that vest can range from 0% to 200% of the target number of PSUs subject to the award, plus, if the maximum performance level is exceeded, an additional number of PSUs in an amount equal to the reporting person's proportionate share among the participating executive officers of 3% of the Company's market capitalization above the maximum performance level. The numbers of PSUs and shares of common stock in this row represent the maximum level of performance (or 200%).
Documents
Issuer
Talen Energy Corp
CIK 0001622536
Entity typeother
Related Parties
1- filerCIK 0002028822
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:27 PM ET
- Size
- 8.8 KB