Form 4: Teledyne Director Jane Sherburne Receives Stock Grant
Statement of Changes in Beneficial Ownership
Director Jane Sherburne acquired 319 restricted stock units as part of Teledyne Technologies' non-employee director compensation plan.
Summary
- Director Jane Sherburne was granted 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 beneficially owns 4,756 shares.
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 health.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified; this is a standard compensatory equity grant.
Risks
- Standard market risks associated with equity ownership.
Future Outlook
The RSUs vest one year from the grant date, with shares delivered upon vesting unless deferred until separation from Board service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the aerospace and industrial technology sectors to ensure board alignment with shareholder interests.
Comparison to Industry Standards
- The use of RSU grants for non-employee directors is consistent with compensation practices at peer industrial technology firms.
- The one-year vesting schedule is standard for director equity compensation.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Issuance of RSUs under the 2014 Incentive Award Plan. | 2026-04-22 | Standard alignment of director compensation. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensatory grant.
Next Steps
- Vesting of the 319 RSUs on April 22, 2027.
Key Dates
| Date | Description |
|---|---|
| 2017-11-30 | Date of the Jane Sherburne Revocable Trust. |
| 2026-04-22 | Date of the RSU grant transaction. |
| 2026-04-23 | Date of filing. |
Keywords
Teledyne Technologies, TDY, Form 4, Director Compensation, Restricted Stock Units, Insider Transaction
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.