Form 4: Director Vincent J. Morales Receives Teledyne RSU Grant

Teledyne Technologies Director Vincent J. Morales was granted 319 restricted stock units as part of the company's incentive plan.

Summary

• Director Vincent J. Morales 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, with delivery of shares occurring upon vesting unless deferred until separation from Board service.
• The reporting person now holds a total of 2,194 shares directly, which includes 1,726 restricted stock units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial outlook.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.
• Standardized incentive structure for non-employee directors.

Negatives

• None identified.

Risks

• Value of the equity grant is subject to market volatility of Teledyne Technologies common stock.

Future Outlook

The RSUs are scheduled to vest one year from the grant date, at which point the underlying common stock will be delivered to the director, subject to any deferral elections.

Management Comments

• The transaction represents a standard issuance of restricted stock units to a non-employee director under the company's established incentive plan.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the aerospace and industrial technology sectors to ensure director alignment with shareholder interests.

Comparison to Industry Standards

• The use of RSU grants for non-employee directors is consistent with compensation practices at peer companies like L3Harris, Northrop Grumman, and Honeywell.
• The one-year vesting schedule is standard for director equity awards in the S&P 500.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• Vesting of the 319 restricted stock units on April 22, 2027.

Key Dates

Keywords

Teledyne Technologies, TDY, Form 4, Insider Transaction, Restricted Stock Units, Director Compensation