Form 4: Director Wesley von Schack Acquires Teledyne Stock Units
Director Compensation Disclosure
Teledyne Technologies Director Wesley W. von Schack was granted 319 restricted stock units as part of director compensation.
Summary
- Director Wesley W. von Schack 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, vesting one year from the grant date.
- The transaction was valued at $656.69 per unit for calculation purposes.
- Following this transaction, the reporting person holds a total of 11,370 shares, including direct holdings and trust-based interests.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified; this is a standard director compensation disclosure.
Risks
- Market price volatility of Teledyne Technologies common stock could impact the future value of the vested units.
Future Outlook
The RSUs vest one year from the date of grant, at which point shares will be delivered unless the director has elected to defer delivery until separation from Board service.
Industry Context
StockSavvy.ai notes that this filing represents routine equity-based compensation for non-employee directors, which is standard practice among large-cap industrial and technology firms to ensure board alignment with corporate performance.
Comparison to Industry Standards
- The use of restricted stock units for director compensation is consistent with governance practices at peer companies like Honeywell, Rockwell Automation, and L3Harris Technologies.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Issuance of restricted stock units to a non-employee director under the 2014 Incentive Award Plan. | 04/22/2026 | Standard alignment of director compensation with shareholder interests. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard component of director remuneration.
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 of filing the Form 4 with the SEC. |
Keywords
Teledyne Technologies, TDY, Director Compensation, Insider Transaction, Restricted Stock Units, Corporate Governance
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