Berryman Brad 4

What Happened

• Brad Berryman, Chief Operating Officer of Talen Energy Corporation (TLN), had restricted stock units (RSUs) and performance stock units (PSUs) vest and convert into shares on May 22, 2026. The filing shows conversions/acquisitions of 8,312 and 90,826 shares and conversions/dispositions of 20,780 and 227,064 shares (reported at $0.00 as part of derivative settlement).
• To satisfy tax withholding obligations, Berryman remitted 43,047 shares to the company at $324.21 per share, a cash value of $13,956,268 (reported as a disposition under code F). Footnotes show these awards were granted June 16, 2023 and vested on May 17, 2026; 60% of the after-tax value of the RSUs/PSUs was settled in cash.

Key Details

• Transaction date: May 22, 2026; filing date: May 27, 2026 (Reporting Period: 2026-05-22).
• Reported share movements: acquisitions/conversions of 8,312 and 90,826 shares; conversions/dispositions of 20,780 and 227,064 shares (reported at $0.00); 43,047 shares transferred to company for tax withholding at $324.21 each (total ≈ $13.96M).
• Footnotes: F1/F2 — RSUs and PSUs issued under the 2023 Equity Incentive Plan; PSUs vested at 200% plus incentive shares per award terms; F3 — shares remitted to company in exempt disposition under Rule 16b-3(e) to satisfy tax withholding.
• Shares owned following the transactions are not specified in the summary data provided.

Context

• These transactions reflect the settlement of equity awards (RSUs/PSUs), not open-market purchases or discretionary sales. The surrender of shares to cover taxes is a common, routine outcome when awards vest; the filing reports both share conversions and the tax-withholding disposition.
• For retail investors: conversion/vesting events and tax withholdings are administrative and do not necessarily indicate an insider buying or selling stock for investment reasons.