Nigro Joseph 4
4 · Talen Energy Corp · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Talen Energy (TLN) Director Joseph Nigro Receives RSU Award
What Happened
- Joseph Nigro, a director of Talen Energy Corporation (TLN), was awarded 448 Restricted Stock Units (RSUs) on February 26, 2026. The award is reported as a derivative grant (transaction code A) at $0.00 per unit — i.e., no cash was paid by the insider. The RSUs represent contingent rights to receive one share of common stock (or a cash equivalent) at settlement.
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-03-02 (filed on time within the Form 4 deadline).
- Award details: 448 RSUs granted, reported price $0.00 (derivative award).
- Vesting: These RSUs vest on February 25, 2027 subject to continued service by the reporting person (per filing footnote).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes: F1 — RSUs issued under the 2023 Equity Incentive Plan and convert to one share or cash at settlement as determined by the Compensation Committee. F2 — Vesting contingent upon continued service; scheduled to vest 2027-02-25.
Context
- RSU grants are a common form of executive/director compensation and are different from open-market purchases or sales; they do not represent an immediate buy or sell of company stock. The economic value of these RSUs will depend on TLN’s share price at the time they settle.
Insider Transaction Report
Form 4
Nigro Joseph
Director
Transactions
- Award
2026 Restricted Stock Units
[F1][F2]2026-02-26+448→ 448 total→ Common Stock (448 underlying)
Footnotes (2)
- [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, 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 pursuant to the terms of the Plan.
- [F2]Represents RSUs that, subject to the reporting person's continued service, will vest on February 25, 2027.
Signature
/s/ John C. Wander, attorney-in-fact|2026-03-02