Form 4: Teledyne Senior VP Reports Stock Transactions

Teledyne Technologies' Senior VP and Controller, Cynthia Y. Belak, reported the forfeiture of 131 shares and the withholding of 118 shares for tax purposes related to a restricted stock award.

Summary

• Cynthia Y. Belak, Senior VP and Controller of Teledyne Technologies Inc. (TDY), reported transactions involving common stock.
• On January 24, 2026, 131 shares of common stock were forfeited upon the vesting of the 2023-2025 Restricted Stock Award Program.
• On the same date, 118 shares of common stock were automatically withheld to satisfy tax withholding obligations.
• These transactions were made pursuant to a Rule 10b5-1(c) plan.
• Following these transactions, Ms. Belak beneficially owns 4,641.7034 shares of common stock directly.
• Directly held shares include 882.1460 equivalent shares in the Teledyne Technologies 401(k) Plan, based on information received January 16, 2026.
• Directly held shares also include 3,759.5574 shares held indirectly by the Belak Family Trust.
• The reported beneficial ownership does not include 1,766 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The filing is neutral as it reports routine, pre-planned insider transactions related to compensation and tax obligations, with no material positive or negative implications for the company's operations or financial health.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing reports routine insider transactions related to compensation and tax obligations, which is a standard disclosure practice for executives in publicly traded companies across all industries. It does not provide broader industry insights.

Related Party Transactions

• The reported transactions involve an executive (Cynthia Y. Belak) and the issuer (Teledyne Technologies Inc.), which are inherently related party transactions under SEC reporting requirements for insider trading.

Stakeholder Impact

• Shareholders: The transactions represent a minor change in an executive's direct beneficial ownership, which is a routine part of executive compensation and unlikely to have a significant impact on overall shareholder value.
• Employees: No direct impact on employees beyond the reporting person.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions (forfeiture upon vesting and tax withholding) by a Senior VP and Controller. These are standard compensation-related events and do not indicate any fundamental change in the company's prospects or financial health. Therefore, it provides no new information that would warrant a change in an existing investment thesis, leading to a 'hold' recommendation based solely on this filing.

Keywords

Teledyne Technologies, TDY, SEC Form 4, Insider Transaction, Stock Award, Restricted Stock, Tax Withholding, Cynthia Y. Belak, Corporate Governance