Talen Energy Corp·4

Mar 2, 5:47 PM ET

ABBAS GIZMAN I 4

Research Summary

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Talen Energy (TLN) Director Abbas Gizman Receives RSU Award

What Happened

  • Abbas Gizman I, a director of Talen Energy Corporation (TLN), received a grant of 448 restricted stock units (RSUs) on February 26, 2026. The RSUs were issued at a $0.00 acquisition price (derivative award) and do not reflect an immediate cash outlay or open-market purchase.
  • Per the filing, each RSU represents a contingent right to one share of common stock (or a cash equivalent) to be determined at settlement by the Compensation Committee.

Key Details

  • Transaction date: February 26, 2026; Form 4 filed March 2, 2026.
  • Transaction type/code: Award/Grant (A); 448 RSUs granted at $0.00 each (total reported value $0).
  • Vesting: These RSUs, subject to continued service, will vest on February 25, 2027 (Footnote F2).
  • Plan: Issued under the Talen Energy Corporation 2023 Equity Incentive Plan (Footnote F1).
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Filing timeliness: No late-filing notation provided in the summary.

Context

  • RSUs are a form of equity compensation for directors and employees; they are derivative awards that convert into shares (or cash) upon settlement/vesting and do not necessarily indicate immediate buying or selling intent.
  • Grants like this are typically routine director compensation rather than open-market purchases or sales.