Nigro Joseph 4

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.