Form 4: TE Connectivity SVP Receives Dividend Equivalent RSUs

TE Connectivity's SVP and Corporate Controller, Reuben M. Shaffer, received 4.3511 restricted stock units as dividend equivalents.

Summary

• Reuben M. Shaffer, SVP and Corporate Controller of TE Connectivity plc, reported a transaction involving restricted stock units (RSUs).
• The transaction occurred on December 12, 2025, and involved the acquisition of 4.3511 derivative securities.
• These RSUs were issued as dividend equivalents, meaning they were granted upon the occurrence of a payment to the Issuer's shareholders.
• Each RSU converts to one common share upon vesting, and they receive dividend equivalent stock units.
• Following this transaction, Mr. Shaffer beneficially owns 1,414.8532 derivative securities directly.

Sentiment

Score: 6

Explanation: The filing reports a routine executive compensation event (RSU grant as dividend equivalents), which is a positive for the executive but generally neutral for the company's immediate operational or financial outlook. It reflects ongoing compensation practices.

Positives

• The acquisition of restricted stock units as dividend equivalents represents additional compensation for the SVP and Corporate Controller, Reuben M. Shaffer.
• The issuance of dividend equivalents aligns the executive's interests with those of shareholders by providing additional equity-based compensation.

Future Outlook

The acquired restricted stock units are subject to vesting according to the underlying award and will convert to common shares upon vesting. They are also subject to acceleration upon certain events.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation, specifically the issuance of dividend equivalent restricted stock units. Such grants are a common component of executive compensation packages across various industries, designed to align management's interests with shareholder value creation.

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and has a minimal direct impact on existing shareholders, representing a small dilution upon vesting.
• Employees: This transaction specifically impacts the reporting executive, Reuben M. Shaffer, as part of his compensation package.

Next Steps

• The restricted stock units will vest according to the terms of the underlying award.
• Upon vesting, the restricted stock units will convert into common shares of TE Connectivity plc.

Key Dates

Keywords

TE Connectivity, TEL, Form 4, Insider Transaction, Restricted Stock Units, RSU, Dividend Equivalents, Executive Compensation, Reuben M. Shaffer