Antturi Peter 4

What Happened Peter Antturi, a director of Teekay Tankers Ltd. (TNK), was credited with 77.138 derivative units (DES/DERs) on 2026-06-02 under an award/acquisition entry (code A). The filing reports an acquisition price of $0.00 and $0 total consideration — these are dividend-equivalent rights that accrued on previously deferred restricted stock units (RSUs), not an open-market purchase of common shares.

Key Details

• Transaction date: 2026-06-02; Filing date: 2026-06-03 (timely).
• Reported acquisition: 77.138 DERs at $0.00 each; total reported value $0.
• Shares owned after transaction: not disclosed in this Form 4.
• Transaction type/code: A (award/acquisition) and classified as a derivative security (DER).
• Footnote: The 77.1375 DERs were accrued by converting a dividend entitlement into DERs. Calculation used a $1.25 dividend per share divided by the stock fair value on the dividend payment date; each DER is the economic equivalent of one share.

Context DERs represent the economic equivalent of one share (they track dividend value) and are typically a form of compensation or dividend accrual on deferred RSUs. They do not require cash outlay by the insider and do not necessarily convey the same rights (e.g., voting) as issued common shares. Such accruals are routine corporate compensation/dividend mechanics and should not be read alone as a buy/sell signal.