Form 4: Teledyne Director Denise R. Singleton Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Denise R. Singleton reports acquisition of 468 restricted stock units in Teledyne Technologies, vesting in one year.
Summary
- On April 23, 2025, Denise R. Singleton, a director of Teledyne Technologies Inc., acquired 468 restricted stock units (RSUs).
- These RSUs were granted under the company's 2014 Incentive Award Plan related to Non-Employee Director Restricted Stock Unit Awards and Fees.
- Each RSU represents a contingent right to receive one share of Teledyne common stock.
- The RSUs vest one year from the date of grant.
- The price used in determining the number of units was $448.52.
- Following the transaction, Singleton directly holds 2,567 shares, including 2,214 Restricted Stock Units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns director interests with shareholders.
Positives
- The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
- The vesting period of one year encourages long-term commitment.
Future Outlook
Shares of common stock will be delivered to the Reporting Person following the vesting date, unless the Reporting Person has made an election to defer delivery of shares until separation from Board service.
Industry Context
Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The acquisition of restricted stock units aligns the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.
Key Dates
| Date | Description |
|---|---|
| 04/23/2025 | Date of transaction: Denise R. Singleton acquired 468 restricted stock units. |
| 04/24/2025 | Date of Form 4 filing. |
Keywords
Teledyne Technologies, Director, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, Singleton, TDY
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