Dale E. Lebsack Jr. - 26 Feb 2026 Form 4 Insider Report for Talen Energy Corp (TLN)

Reporting relationship: Chief Asset Dev. Officer
Issuer ticker: TLN
Reported as of: 26 Feb 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Mar 2026, 17:48:03 UTC
Prior SEC filing: 09 Jun 2025
Next SEC filing: 27 May 2026
Source filing: View source filing
Reporting owner signature: /s/ John C. Wander, attorney-in-fact

Key filing fact

Dale E. Lebsack Jr. filed Form 4 for Talen Energy Corp (TLN) on 02 Mar 2026.

Key facts

This page summarizes Dale E. Lebsack Jr.'s Form 4 filing for Talen Energy Corp (TLN).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Mar 2026, 17:48.

Change

Previous filing in this sequence was filed on 09 Jun 2025.
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 0002028467 Primary reporting owner

Lebsack Dale E Jr.

Relationship: Chief Asset Dev. Officer
Address: 2929 ALLEN PKWY, SUITE 2200, HOUSTON
Signature: /s/ John C. Wander, attorney-in-fact
Signature date: 02 Mar 2026

Reported non-derivative transactions

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

TLN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 11,001
Date: 26 Feb 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

TLN transaction Derivative

2026 Restricted Stock Units

Award

Transaction value: $0
Shares: +3,450
Change %
Price: $0.000000
Shares after: 3,450
Date: 26 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,450
Exercise price
Footnotes: F2, F3

TLN transaction Derivative

2026 Performance-Based Restricted Stock Units

Award

Transaction value: $0
Shares: +16,096
Change %
Price: $0.000000
Shares after: 16,096
Date: 26 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 16,096
Exercise price
Footnotes: F4, F5

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Includes 117 shares of common stock, par value $0.001 ("common stock"), of Talen Energy Corporation (the "Company") purchased from the 2025 Talen Energy Corporation Employee Stock Purchase Plan on June 30, 2025.

Footnote F2

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 of 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.

Footnote F3

Represents 1,380 RSUs that will vest on February 25, 2027, 1,380 RSUs that will vest on February 25, 2028 and 690 RSUs that will vest on February 25, 2029, in each case subject to the reporting person's continued service.

Footnote F4

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.

Footnote F5

Represents PSUs that will vest subject to the reporting person's (i) continued service and (ii) achievement of applicable performance goals. 6,438 of the PSUs will be eligible to vest based on performance as of February 25, 2028 and 9,658 of the PSUs will be eligible to vest based on performance as of February 25, 2029. The number of PSUs that vest can range from 0% to 200% of the target number of PSUs subject to the award, plus, if the maximum performance level is exceeded, an additional number of PSUs in an amount equal to the reporting person's proportionate share among the participating executive officers of 3% of the Company's market capitalization above the maximum performance level. The numbers of PSUs and shares of common stock in this row represent the maximum level of performance (or 200%) for each award.