Form 4: Teledyne Executive Chairman Reports Stock Changes
Insider Transaction Report
Teledyne Technologies' Executive Chairman, Robert Mehrabian, reported changes in his beneficial ownership of common stock, including forfeitures and tax withholdings related to a restricted stock award program.
Summary
- Robert Mehrabian, Executive Chairman and Director of Teledyne Technologies Inc. (TDY), reported changes in his beneficial ownership of common stock.
- On January 24, 2026, 1,350 shares of common stock were forfeited upon the vesting of the 2023-2025 Restricted Stock Award Program.
- On the same date, 1,630 shares of common stock were automatically withheld to satisfy tax withholding obligations.
- Following these transactions, Mehrabian directly beneficially owns 127,173 shares of common stock.
- This beneficial ownership includes shares held indirectly by The Mehrabian Living Trust, where Robert Mehrabian and Victoria Ann Mehrabian are Trustees.
- The reported ownership does not include 13,780 Restricted Stock Units.
- The transactions were made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions related to executive compensation and tax obligations, which are neither inherently positive nor negative for the company's operational or financial performance.
Positives
- The vesting of the 2023-2025 Restricted Stock Award Program indicates the progression of executive compensation plans.
Negatives
- 1,350 shares of common stock were forfeited upon the vesting of a restricted stock award program.
- 1,630 shares were withheld to cover tax obligations, reducing direct beneficial ownership.
Future Outlook
NA
Industry Context
This filing details routine insider stock transactions for an executive, which is specific to the individual and company and does not provide broader industry context or trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compliance/Planning | Transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities, indicating pre-planned trading to satisfy affirmative defense conditions. | 01/24/2026 | Enhances transparency and reduces potential for insider trading allegations by pre-scheduling trades. |
Related Party Transactions
- 127,173 shares are held indirectly by The Mehrabian Living Trust, where Robert Mehrabian and Victoria Ann Mehrabian are Trustees.
Stakeholder Impact
- Shareholders: Minor change in an executive's direct beneficial ownership, reflecting routine compensation processes rather than a significant shift in company fundamentals.
- Employees: No direct impact on the broader employee base.
Key Dates
| Date | Description |
|---|---|
| 01/24/2026 | Date of earliest transaction, including forfeiture of 1,350 common stock shares and withholding of 1,630 common stock shares for tax. |
| 01/27/2026 | Signature date of the reporting person. |
Recommendation
holdThis Form 4 filing details routine insider transactions related to executive compensation and tax withholding. Such transactions are standard and do not typically reflect a change in the company's fundamental performance or outlook, thus not warranting a change in investment recommendation based solely on this filing.
Keywords
Teledyne Technologies, TDY, Robert Mehrabian, Form 4, insider transaction, stock ownership, executive compensation, restricted stock, tax withholding, 10b5-1 plan
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.