Andrew M. Wright - 22 May 2026 Form 4 Insider Report for Talen Energy Corp (TLN)

Reporting relationship: Chief Administrative Officer
Issuer ticker: TLN
Reported as of: 22 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 27 May 2026, 18:33:45 UTC
Prior SEC filing: 02 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Daniel J. Kelly, attorney-in-fact

Key filing fact

Andrew M. Wright filed Form 4 for Talen Energy Corp (TLN) on 27 May 2026.

Key facts

This page summarizes Andrew M. Wright's Form 4 filing for Talen Energy Corp (TLN).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 27 May 2026, 18:33.

Change

Previous filing in this sequence was filed on 02 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002028524 Primary reporting owner

Wright Andrew M

Relationship: Chief Administrative Officer
Address: 2929 ALLEN PKWY, SUITE 2200, HOUSTON
Signature: /s/ Daniel J. Kelly, attorney-in-fact
Signature date: 27 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TLN transaction

Common Stock

Options Exercise

Transaction value
Shares: +8,010
Change %: +65%
Price
Shares after: 20,271
Date: 22 May 2026
Ownership: Direct
Footnotes: F1

TLN transaction

Common Stock

Options Exercise

Transaction value
Shares: +87,523
Change %: +432%
Price
Shares after: 107,794
Date: 22 May 2026
Ownership: Direct
Footnotes: F2

TLN transaction

Common Stock

Tax liability

Transaction value
Shares: -37,594
Change %: -35%
Price: $324.21^*
Shares after: 70,200
Date: 22 May 2026
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TLN transaction Derivative

2023 Restricted Stock Units

Options Exercise

Transaction value
Shares: -20,024
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 20,024
Exercise price
Footnotes: F1

TLN transaction Derivative

2023 Performance-Based Restricted Stock Units

Options Exercise

Transaction value
Shares: -218,808
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 218,808
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each Restricted Stock Unit ("RSU") was issued under the Talen Energy Corporation 2023 Equity Incentive Plan (the "Plan") and represents a contingent right to receive one share of common stock, par value $0.001 ("common stock") of Talen Energy Corporation (the "Company") or its cash equivalent, as determined at the time of settlement by the Compensation Committee of the Company's Board of Directors (the "Committee") pursuant to the terms of the Plan. The reporting person's RSUs were granted on June 16, 2023 and the final installment of the reporting person's RSUs vested on May 17, 2026, the third anniversary of the vesting commencement date, with 60% of the after-tax value of such RSUs settled in cash.

Footnote F2

Each performance-based restricted stock unit ("PSU") was issued under the Plan and represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by the Committee pursuant to the terms of the Plan. The number of PSUs that vest can range from 0% to 200% of the target number of PSUs subject to the award, plus an additional incentive based on the Company's market capitalization at vesting, as more fully set forth in the applicable award agreement. The number of shares in this row represents the actual level of performance (200%) plus the additional incentive shares described above. The reporting person's PSUs were granted on June 16, 2023 and they vested on May 17, 2026, the third anniversary of the vesting commencement date, with 60% of the after-tax value of such PSUs settled in cash.

Footnote F3

In an exempt disposition to the Company under Rule 16b-3(e), the reporting person remitted shares to the Company in connection with the satisfaction of tax withholding obligations arising out of the vesting of the RSUs and PSUs.

SEC remarks

Exhibit 24.1 - Power of Attorney