Schwartzstein Christine Benson 4

4 · Talen Energy Corp · Filed May 27, 2026

AI-generated summary of this filing

Updated May 27, 2026

Talen Energy (TLN) Director Christine Benson Schwartzstein Converts 4,133 RSUs

What Happened

Christine Benson Schwartzstein, a director of Talen Energy Corporation (TLN), reported the conversion/exercise of 4,133 derivative awards on May 22, 2026. The filing shows 4,133 shares acquired via conversion and a simultaneous disposition of 4,133 shares at $0.00. The underlying awards were Restricted Stock Units (RSUs) granted June 16, 2023; the final installment vested on May 17, 2026.

Key Details

Transaction date: May 22, 2026; Form 4 filed May 27, 2026 (appears later than the usual 2-business-day filing requirement).
Transaction type: Derivative conversion/exercise (reporting code M); acquisition recorded as N/A value and disposition recorded at $0.00 for 4,133 shares.
Shares owned after transaction: Not specified in the filing.
Footnote: RSUs were issued under the Talen Energy 2023 Equity Incentive Plan; final RSU installment vested May 17, 2026 (see F1).
Remarks: Exhibit 24.1 (Power of Attorney) included.

Context

The filing reflects conversion/settlement of vested RSUs rather than an open-market purchase or sale. The simultaneous $0.00 disposition often indicates an administrative settlement step (for example, share withholding or net settlement for taxes), not an open-market sale for cash. This is typically a routine corporate compensation event and does not necessarily signal a change in the insider’s market view.

Form 4

Period: 2026-05-22

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-22+4,133→ 6,736 total
Exercise/Conversion
2023 Restricted Stock Units
[F1]
2026-05-22−4,133→ 0 total
→ Common Stock (4,133 underlying)

Footnotes (1)

[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 pursuant to the terms of the Plan. The reporting person's RSUs were granted on June 16, 2023 and the final installment of the reporting person's RSUs vested on May 17, 2026, the third anniversary of the vesting commencement date.

Signature

/s/ Daniel J. Kelly, attorney-in-fact|2026-05-27

4 files