Form 4: TE Connectivity Director Abhijit Y. Talwalkar Donates Shares to Charity
SEC Form 4 Filing
Director Abhijit Y. Talwalkar of TE Connectivity plc reports a charitable gift of 1,668 common shares on November 4, 2024.
Summary
- Abhijit Y. Talwalkar, a director of TE Connectivity plc, filed a Form 4 on November 6, 2024, reporting a change in beneficial ownership.
- The report indicates a charitable gift of 1,668 common shares on November 4, 2024.
- Following the transaction, Talwalkar directly owns 9,269 common shares.
- The gift was executed at a price of $0.00 per share.
- Talwalkar has granted power of attorney to Harold G. Barksdale, John S. Jenkins, Jr., and Matthew M. Pilcher to handle SEC filings related to TE Connectivity plc securities.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to a charitable donation, which is generally viewed neutrally to slightly positively.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The charitable donation may have a minor positive impact on the company's reputation.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | TE Connectivity plc (Irish TEL) became the successor to TE Connectivity Ltd. (Swiss TEL) following a merger. |
| 11/04/2024 | Date of the charitable gift transaction. |
| 11/05/2024 | Date of execution of the Power of Attorney. |
| 11/06/2024 | Date the Form 4 was filed. |
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