Form 4: TE Connectivity Director Mark Trudeau Sells 7,044 Shares
SEC Form 4
Director Mark Trudeau sold 7,044 common shares of TE Connectivity Ltd. on April 29, 2024, at a weighted average price of $141.49 per share.
Summary
- On April 29, 2024, Mark Trudeau, a director of TE Connectivity Ltd., sold 7,044 common shares of the company.
- The sale was executed at a weighted average price of $141.49 per share, with individual transaction prices ranging from $141.46 to $141.53.
- Following the transaction, Trudeau directly owns 5,917 common shares of TE Connectivity Ltd.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of an insider stock sale, which doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company, and these transactions are reported to the SEC.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date of transaction: Mark Trudeau sold 7,044 common shares. |
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