Form 4: Director Laura A. Black Receives Teledyne Stock Units
Statement of Changes in Beneficial Ownership
Teledyne Technologies Director Laura A. Black was granted 319 restricted stock units as part of the company's incentive plan.
Summary
- Director Laura A. Black acquired 319 restricted stock units (RSUs) on April 22, 2026.
- The grant was issued under the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan.
- Each RSU represents a contingent right to receive one share of Teledyne common stock.
- The units vest one year from the date of grant, with delivery of shares occurring after vesting unless deferred until separation from Board service.
- The transaction was valued at $656.69 per unit for calculation purposes.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to continued service on the Board of Directors.
Future Outlook
The RSUs will vest on April 22, 2027, at which point the director will receive shares of common stock, subject to any deferral elections.
Management Comments
- The transaction represents standard director compensation under the 2014 Incentive Award Plan.
Industry Context
StockSavvy.ai notes that equity-based compensation for non-employee directors is a standard corporate governance practice in the aerospace and defense sector to ensure alignment with shareholder interests.
Comparison to Industry Standards
- The use of RSU grants for board members is consistent with compensation structures at peer companies like L3Harris, Northrop Grumman, and Honeywell.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Issuance of restricted stock units to a non-employee director. | 04/22/2026 | Standard alignment of director compensation with company performance. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity grant to a director.
Next Steps
- Vesting of the 319 restricted stock units on April 22, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/22/2026 | Date of the RSU grant transaction. |
| 04/23/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Teledyne Technologies, TDY, Director Compensation, Restricted Stock Units, Insider Transaction, Equity Incentive Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.