# EDGAR Filing Document

**Accession Number:** 0000911971
**File Stem:** 0001972297-26-000003
**Filing Date:** 2026-6
**Character Count:** 7912
**Document Hash:** e49f77315dc64b6867b4116fd68800f0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001972297-26-000003.hdr.sgml**: 20260603

**ACCESSION NUMBER**: 0001972297-26-000003

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260602

**FILED AS OF DATE**: 20260603

**DATE AS OF CHANGE**: 20260603

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Speers Brody
- **CENTRAL INDEX KEY:** 0001972297

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-12874
- **FILM NUMBER:** 261062703

**MAIL ADDRESS:**
- **STREET 1:** SUITE 2100, BENTALL 5
- **STREET 2:** 550 BURRARD STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6C2K2
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TEEKAY CORP LTD
- **CENTRAL INDEX KEY:** 0000911971
- **STANDARD INDUSTRIAL CLASSIFICATION:** DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D0
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 2ND FLOOR, SWAN BUILDING
- **STREET 2:** 26 VICTORIA STREET
- **CITY:** HAMILTON
- **STATE:** D0
- **ZIP:** HM 12
- **BUSINESS PHONE:** 604-683-3529

**MAIL ADDRESS:**
- **STREET 1:** 2ND FLOOR, SWAN BUILDING
- **STREET 2:** 26 VICTORIA STREET
- **CITY:** HAMILTON
- **STATE:** D0
- **ZIP:** HM 12

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TEEKAY CORP
- **DATE OF NAME CHANGE:** 20070608

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TEEKAY SHIPPING CORP
- **DATE OF NAME CHANGE:** 19950609

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VIKING STAR SHIPPING INC
- **DATE OF NAME CHANGE:** 19930914

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Speers Brody<br><sub>(Last) (First) (Middle)</sub><br>SUITE 2100, BENTALL 5<br>550 BURRARD STREET<br><sub>(Street)</sub><br>VANCOUVER, BRITISH COLUMBIA, CANADA V6C2K2<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-06-02 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Financial Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>TEEKAY CORP LTD [ TK ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2026-06-02 |  | M |  | 17553.3957 | A | <sup>(4)</sup> | 17553.3957 | D |  |
| Common Stock | 2026-06-02 |  | M |  | 1511.9204 | A | <sup>(5)</sup> | 19065.3161 | D |  |
| Common Stock | 2026-06-02 |  | F |  | 10201 | D | $11.61 | 8864.3161 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Dividend Equivalent Rights | <sup>(1)</sup> | 2026-06-02 |  | A |  | 2240.3213 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 2240.3213 | $0 | 2240.3213 | D |  |
| Restricted Stock Units | <sup>(2)</sup> | 2026-06-02 |  | M |  |  | 9096.6611 | <sup>(2)</sup> | <sup>(2)</sup> | Common Stock | 9096.6611 | $0 | 0 | D |  |
| Restricted Stock Units | <sup>(2)</sup> | 2026-06-02 |  | M |  |  | 8456.7345 | <sup>(2)</sup> | <sup>(2)</sup> | Common Stock | 8456.7345 | $0 | 8456.7345 | D |  |
| Dividend Equivalent Rights | <sup>(3)</sup> | 2026-06-02 |  | M |  |  | 1511.9204 | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 1511.9204 | $0 | 728.4009 | D |  |

---

### Footnotes:

(1) The DERs accrued on two 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 ($1.00) 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.

(2) Restricted stock units (RSUs) convert into Common Stock 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.

(3) Settlement 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.

(4) Restricted stock units (RSUs) convert into Common Stock on a one-for-one basis.

(5) Settlement 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.

**Signature:** /s/ Brody Speers  
**Date:** 2026-06-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**