Form 4: Director Michelle Kumbier Receives Teledyne Stock Units
Statement of Changes in Beneficial Ownership
Teledyne Technologies director Michelle Kumbier was granted 319 restricted stock units as part of the company's incentive plan.
Summary
- Director Michelle Kumbier acquired 319 restricted stock units (RSUs) on April 22, 2026.
- The grant was issued under the Teledyne Technologies Incorporated 2014 Incentive Award Plan.
- Each RSU represents a contingent right to receive one share of common stock.
- The units vest one year from the date of grant.
- Following this transaction, the reporting person holds a total of 2,888 shares, including 2,500 RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to continued service on the Board of Directors.
Future Outlook
The RSUs are scheduled to vest one year from the grant date, at which point shares will be delivered unless a deferral election is made.
Industry Context
StockSavvy.ai notes that equity-based compensation for non-employee directors is a standard corporate governance practice in the aerospace and defense industry to ensure long-term alignment with shareholder value.
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 | Grant of restricted stock units under the 2014 Incentive Award Plan. | 04/22/2026 | Standard alignment of director incentives. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity grant.
Next Steps
- Vesting of the 319 RSUs on April 22, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/22/2026 | Date of the RSU grant transaction. |
| 04/23/2026 | Date of filing. |
Keywords
Teledyne Technologies, TDY, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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