Horton Anthony R 4
4 · Talen Energy Corp · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Talen Energy (TLN) Director Anthony R. Horton Exercises 4,133 RSUs
What Happened
- Anthony R. Horton, a director of Talen Energy Corp (TLN), converted/exercised 4,133 restricted stock units (RSUs) on May 22, 2026 (Form 4 transaction code M). The filing records an acquisition/conversion of 4,133 shares and a simultaneous disposition of 4,133 shares at $0.00. No cash value is reported for the transactions in the filing.
Key Details
- Transaction date: 2026-05-22 (reported on Form 4 filed 2026-05-27).
- Transactions reported: 4,133 shares acquired via exercise/conversion (code M) and 4,133 shares disposed at $0.00 the same day.
- Price/value: Acquisition price N/A; disposal price $0.00; total cash reported $0.
- Shares owned after transaction: not specified in this filing.
- Footnote: RSUs were granted under the Talen Energy 2023 Equity Incentive Plan on June 16, 2023; the final installment vested on May 17, 2026 (see F1).
- Exhibit included: 24.1 (Power of Attorney).
- Timeliness: Filing dated May 27 covers a May 22 transaction; this appears to be later than the standard two-business‑day Form 4 filing requirement.
Context
- The filing shows a same‑day conversion of vested RSUs and a concurrent zero‑price disposition of the same number of shares. That pattern is commonly seen when RSUs are settled and shares are immediately surrendered or withheld as part of settlement mechanics (for example, tax withholding), though the Form 4 itself does not spell out the specific withholding method. The footnote confirms these were RSUs that vested on May 17, 2026.
Insider Transaction Report
Form 4
Horton Anthony R
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-22+4,133→ 9,265 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