Horton Anthony R 4

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.