Form 4: TE Connectivity Director Lynn A. Dugle Reports Share Transactions
SEC Form 4 Filing
Director Lynn A. Dugle of TE Connectivity plc reports the acquisition of 1,327 shares and the disposal of 556 shares on November 14, 2024.
Summary
- Lynn A. Dugle, a director at TE Connectivity plc, reported a transaction involving the company's common shares on November 14, 2024.
- The transaction included the acquisition of 1,327 shares at a price of $0.00, which was a grant of shares under the directors' compensation program.
- Additionally, 556 shares were disposed of at a price of $153.25.
- Following these transactions, Ms. Dugle beneficially owns 6,410 common shares directly.
Sentiment
Score: 7
Explanation: The document reflects routine transactions by a company director, which is neither particularly positive nor negative. The sentiment is neutral to slightly positive due to the share grant.
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.
Industry Context
This filing is a routine disclosure of a director's share transactions, which is common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transactions are typical for directors who receive stock-based compensation and may sell shares to manage their personal finances.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect a director's personal financial decisions and compensation.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | TE Connectivity plc (Irish TEL) became the successor to TE Connectivity Ltd. (Swiss TEL) following a merger. |
| 11/14/2024 | Lynn A. Dugle's share acquisition and disposal transaction date. |
| 11/15/2024 | Date of signature for the Form 4 filing. |
Keywords
TE Connectivity, Director, Share Transaction, Form 4, Beneficial Ownership, Equity Securities, Compensation, Lynn A. Dugle
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