Kenneth Hvid sells 315,335 shares at blended $12.11; holdings drop to 112,322 shares post-transaction
Kenneth Hvid, President and CEO of Teekay Corp, executed 2 separate sales on 2026-06-11 totaling 315,335 shares for $3,819,392.29. His non-derivative holdings declined from 427,657 shares to 112,322 shares, representing a -73.7% reduction in that portion of his position. The sales were executed at $12.16 and $12.06 per share, with a blended average price of $12.11, against a current price of $11.90. His derivative holdings show 0 remaining stock options, indicating no offsetting option position. The timing of the sale during a 30-day period of -9.6% price decline is observable, though no indication is present whether this trade was pre-planned or discretionary.