Form 4: TE Connectivity SVP, Chief Human Resources Officer Reports Acquisition of Restricted Stock Units

Malavika Sagar, SVP, Chief Human Resources Officer of TE Connectivity plc, reports the acquisition of restricted stock units as dividend equivalents.

Summary

• Malavika Sagar, a Senior Vice President and Chief Human Resources Officer at TE Connectivity plc, filed a Form 4.
• The form reports the acquisition of restricted stock units as dividend equivalents on March 7, 2025.
• These restricted stock units will convert to common shares upon vesting and are subject to acceleration upon certain events.
• Sagar directly owns 5,926.57 common shares.
• Sagar also directly owns 3,083 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard reporting of stock unit acquisition. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of restricted stock units as dividend equivalents indicates confidence in the company's future performance.

Future Outlook

The restricted stock units vest according to the underlying award, receive dividend equivalent stock units and convert to common shares upon vesting.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of restricted stock units by a company officer can signal confidence to shareholders.

Key Dates