Form 4: Teledyne Director Vincent J. Morales Reports Acquisition of Restricted Stock Units

Director Vincent J. Morales reports acquiring 468 restricted stock units of Teledyne Technologies Inc. on April 23, 2025.

Summary

• On April 23, 2025, Vincent J. Morales, 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 the contingent right to receive one share of Teledyne common stock.
• The RSUs vest one year from the grant date.
• Following the transaction, Morales directly owns 1,875 Restricted Stock Units as of April 23, 2025.
• The price used in determining the number of units was $448.52.

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 encourages long-term commitment to the company's success.

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 standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder confidence.

Key Dates

Keywords

Teledyne Technologies, Director, Restricted Stock Units, TDY, Incentive Award Plan, Beneficial Ownership, Form 4