SEC Form 4 · accession 0002083448-26-000002
TEEKAY TANKERS LTD. · TNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mikkel Seidelin
Officer — Chief Commercial Officer
Period of report
Jun 2, 2026
Accepted (ET)
Jun 3, 2026 · 8:50 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001419945
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common SharesF4 | Jun 2, 2026 | M | 4,906 | — | A | 10,522 | D | |
| Class A Common SharesF5 | Jun 2, 2026 | M | 87 | — | A | 10,609 | D | |
| Class A Common SharesF6 | Jun 2, 2026 | F | 2,349 | — | D | 8,260 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1 | — | Jun 2, 2026 | A | 638 | A | — | — | Class A Common Shares | 638 | 638 | D |
| Restricted Stock UnitsF2 | — | Jun 2, 2026 | M | 1,098 | D | — | — | Class A Common Shares | 1,098 | 0 | D |
| Restricted Stock UnitsF2 | — | Jun 2, 2026 | M | 598 | D | — | — | Class A Common Shares | 598 | 598 | D |
| Restricted Stock UnitsF2 | — | Jun 2, 2026 | M | 887 | D | — | — | Class A Common Shares | 887 | 887 | D |
| Restricted Stock UnitsF2 | — | Jun 2, 2026 | M | 2,323 | D | — | — | Class A Common Shares | 2,323 | 4,646 | D |
| Dividend Equivalent RightsF3 | — | Jun 2, 2026 | M | 87 | D | — | — | Class A Common Shares | 87 | 551 | D |
Explanation of responses
- F1The DERs accrued on five outstanding RSU awards and vest proportionately with the RSUs to which they relate. The number of DERs is calculated as of the dividend record date by multiplying the dividend per share ($1.25) by the number of outstanding RSUs, and, to the extent applicable, previously accrued DERs and then dividing the result by the fair value of the common share on the dividend payment date. Each DER is the economic equivalent of one share. Excludes DERs that accrued on outstanding RSUs prior to June 2, 2026, which are reflected in outstanding RSUs.
- F2Restricted stock units (RSUs) convert into Class A Common Shares on a one-for-one basis. The RSUs vested on June 2, 2026. Amounts reported include DERs that accrued on the RSUs prior to June 2, 2026.
- F3Settlement of Dividend Equivalent Rights (DERs) that accrued on June 2, 2026 and were settled in shares on vesting of the related RSUs on June 2, 2026.
- F4Restricted stock units (RSUs) convert into Class A Common Shares on a one-for-one basis.
- F5Settlement of Dividend Equivalent Rights (DERs) that accrued on June 2, 2026 and were settled in shares on vesting of the related RSUs on June 2, 2026.
- F6Represents shares withheld to pay tax withholding obligations due on the date of vesting of RSUs; not a market transaction.