Form 4: Teledyne Director Lorne M. Simon Acquires 468 Shares of Common Stock

Director Lorne M. Simon acquired 468 shares of Teledyne Technologies Inc. common stock on April 23, 2025, through restricted stock units.

Summary

• On April 23, 2025, Lorne M. Simon, a director of Teledyne Technologies Inc., acquired 468 shares of common stock.
• The acquisition was through restricted stock units (RSUs) granted under the company's 2014 Incentive Award Plan.
• 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, Simon directly owns 68,224 shares, including 3,380 Restricted Stock Units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition by a director. It doesn't inherently indicate positive or negative sentiment, but rather a routine transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

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

This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies. It reflects part of the company's compensation strategy and aligns director interests with shareholder value.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholders, as it may signal confidence in the company's prospects.

Key Dates

Keywords

Teledyne Technologies Inc, Director, Lorne M. Simon, Restricted Stock Units, TDY, Stock Acquisition, Beneficial Ownership