Form 4: Teledyne Director Receives Future RSU Grant

Teledyne Technologies Director Laura A. Black reported the acquisition of 183 Restricted Stock Units with a transaction date of October 21, 2025.

Summary

• Laura A. Black, a Director of Teledyne Technologies Inc. (TDY), reported the acquisition of 183 Restricted Stock Units (RSUs) with a transaction date of October 21, 2025.
• These RSUs were issued under the Administrative Rules of the Amended and Restated Teledyne Technologies Incorporated 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 units are scheduled to vest one year from the grant date, meaning on October 21, 2026.
• Shares of common stock will be delivered to the Reporting Person following the vesting date, unless an election is made to defer delivery until separation from Board service.
• The number of units was determined using a price of $573.75 per share.
• Following this reported transaction, Laura A. Black directly holds 183 shares, which include these 183 Restricted Stock Units.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The filing reports a routine equity grant to a director, which is a positive for aligning interests but does not indicate significant operational or financial news.

Positives

• Director Laura A. Black received an equity grant, aligning her interests with shareholders for long-term value creation.
• The grant is part of an established incentive award plan, indicating structured and transparent compensation practices for non-employee directors.

Future Outlook

The Restricted Stock Units are scheduled to vest one year from the grant date of October 21, 2025, with shares to be delivered thereafter, unless deferred until separation from Board service.

Industry Context

This transaction represents routine equity compensation for a non-employee director, a common practice across publicly traded companies to align director incentives with long-term shareholder value. It does not indicate any broader industry trends or competitive shifts.

Comparison to Industry Standards

• The grant of Restricted Stock Units to non-employee directors is a standard compensation practice in the U.S. corporate landscape, comparable to practices at other large technology and industrial companies.
• The specific value and number of units are determined by the company's compensation committee based on its incentive award plan and market benchmarks for director compensation.

Stakeholder Impact

• Shareholders: Director's interests are further aligned with long-term shareholder value through equity ownership.
• Employees: No direct impact on employees, as this relates to director compensation.

Next Steps

• Vesting of the 183 Restricted Stock Units on October 21, 2026 (one year from grant date).
• Delivery of common stock shares to the reporting person following vesting, unless deferred.

Key Dates

Recommendation

This Form 4 filing reports a routine equity grant to a non-employee director, which is a standard compensation practice. It does not contain information that would fundamentally alter the investment thesis for Teledyne Technologies Inc. (TDY). While it aligns director interests with shareholders, it's not a catalyst for a 'buy' or 'sell' recommendation. Therefore, a 'hold' recommendation is appropriate based solely on this filing.

Keywords

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