Form 4: TE Connectivity Executive Malavika Sagar Reports Stock Transactions
SEC Form 4 Filing
Malavika Sagar, SVP, Chief Human Resources Officer at TE Connectivity, reports the vesting and settlement of restricted stock units and related tax withholding.
Summary
- On May 15, 2025, Malavika Sagar, SVP, Chief Human Resources Officer of TE Connectivity plc, reported transactions involving common shares and restricted stock units.
- 1,027 restricted stock units vested and were settled for an equivalent number of common shares.
- 292.6 common shares were disposed of to cover tax obligations at a price of $161.7575 per share.
- Following these transactions, Sagar directly owns 6,660.97 common shares and 2,056 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for maintaining market confidence and regulatory compliance.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
- It assures stakeholders that insider trading activities are being monitored and reported in compliance with regulations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of earliest transaction: Vesting and settlement of restricted stock units and tax withholding. |
| 05/16/2025 | Date of signature by attorney-in-fact. |
Keywords
TE Connectivity, Malavika Sagar, stock transaction, restricted stock units, common shares, Form 4, insider trading
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