Form 4: TE Connectivity Director Alan Jeffrey William Reports Share Transactions
SEC Form 4 Filing
Director Alan Jeffrey William of TE Connectivity plc reports the acquisition of 1,327 shares and the disposal of 556 shares on November 14, 2024.
Summary
- On November 14, 2024, TE Connectivity director Alan Jeffrey William acquired 1,327 common shares as part of a director's compensation program.
- On the same day, Mr. William disposed of 556 common shares to cover tax obligations at a price of $153.25 per share.
- Following these transactions, Mr. William's direct holdings decreased to 23,461 common shares.
- The shares were granted under the company's stock and incentive plan.
Sentiment
Score: 6
Explanation: The document reflects routine transactions by a company director, with no significant positive or negative implications. The sentiment is neutral.
Positives
- The acquisition of shares through the director's compensation program indicates a continued alignment of interests between the director and the company's performance.
Negatives
- The disposal of shares, while likely for tax purposes, reduces the director's overall holdings.
Risks
- There are no specific risks mentioned in this document.
Industry Context
This filing is a routine disclosure of share transactions by a company director, which is a common practice in publicly traded companies. It does not indicate any specific trend or event in the broader industry.
Comparison to Industry Standards
- Share transactions by directors are a common occurrence in publicly listed companies and are typically disclosed through SEC Form 4 filings.
- The transactions reported are consistent with standard practices for director compensation and tax obligations.
- There is no indication of unusual or atypical activity compared to similar filings from other companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine director compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | TE Connectivity plc became the successor to TE Connectivity Ltd. following a merger. |
| 11/14/2024 | Alan Jeffrey William acquired 1,327 shares and disposed of 556 shares. |
| 11/15/2024 | Date of signature for the Form 4 filing. |
Keywords
TE Connectivity, Director, Share Transactions, Stock Compensation, Form 4, Alan Jeffrey William
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