Form 4: Teledyne Director Wesley W. von Schack Reports Acquisition of Restricted Stock Units

Director Wesley W. von Schack reports acquisition of 468 restricted stock units (RSUs) of Teledyne Technologies Inc.

Summary

• On April 23, 2025, Wesley W. von Schack, 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.
• Following the transaction, von Schack beneficially owns 11,051 shares of Teledyne common stock.
• This includes 3,116 shares held directly, 7,235 shares in The von Schack Revocable Trust, and 700 shares in the Wesley von Schack Revocable Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock unit acquisition, neither particularly positive nor negative.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of RSUs in one year suggests an expectation of continued service and contribution from the director.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the alignment of interests between management and shareholders.

Stakeholder Impact

• The acquisition of RSUs aligns the director's interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

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