Nigro Joseph 4

4 · Talen Energy Corp · Filed May 27, 2026

AI-generated summary of this filing

Updated May 27, 2026

Talen (TLN) Director Joseph Nigro Receives RSUs, Sells 1,530 Shares

What Happened

Joseph Nigro, a director of Talen Energy Corp (TLN), had restricted stock units (RSUs) vest. A total of 5,663 RSUs vested (4,133 were converted into shares and 1,530 were cash-settled). The 1,530 cash-settled RSUs were disposed to the issuer for approximately $324.21 each, totaling $496,041. The conversion of RSUs to shares is recorded as an exercise/conversion of a derivative.

Key Details

Transaction date: vesting/settlement dated May 17, 2026 (reporting period shows May 22, 2026); Form 4 filed May 27, 2026 (appears filed late).
Share movements reported: 4,133 RSUs converted to shares (acquired); 1,530 RSUs cash-settled/disposed at $324.21 each (total ~$496,041).
Footnotes: RSUs were granted under the 2023 Equity Incentive Plan (granted June 16, 2023) and the final installment vested on May 17, 2026. The 1,530 units were cash-settled approximately to cover tax withholding.
Shares owned after the transaction: not specified in the information provided.
Exhibit: Power of Attorney (Exhibit 24.1) included in filing.

Context

This was a standard equity award vesting event (not an open-market buy or voluntary sale). The cash settlement of 1,530 units is a common tax-withholding action when RSUs vest. The filing timing suggests it was submitted after the usual two-business-day window for Form 4s.

Form 4

Period: 2026-05-22

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-22+4,133→ 6,736 total
Disposition to Issuer
Common Stock
[F2]
2026-05-22$324.21/sh−1,530$496,041→ 5,206 total
Exercise/Conversion
2023 Restricted Stock Units
[F1]
2026-05-22−4,133→ 0 total
→ Common Stock (4,133 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 ("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.
[F2]Represents a portion of the RSUs that vested on May 17, 2026 (1,530 of which were cash settled in an amount approximately equivalent to taxes associated with such vesting).

Signature

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

4 files