Form 4: Teledyne Technologies CFO Stephen Blackwood Executes Stock Transactions
SEC Form 4 Filing
Teledyne Technologies' CFO, Stephen Blackwood, exercised stock options and sold shares on January 24, 2025, resulting in a net decrease in his direct holdings.
Summary
- Stephen Blackwood, the Senior VP and CFO of Teledyne Technologies, engaged in multiple transactions involving the company's stock on January 24, 2025.
- He exercised stock options to acquire 5,046 shares at a price of $192 per share.
- Following the option exercise, he sold 196 shares at $514.01 per share and 4,850 shares at a weighted average price of $513.6002 per share.
- These transactions resulted in a decrease in his direct holdings of common stock to 11,751.216 shares.
- The reported holdings include 866 restricted shares and 184.216 equivalent shares held in the Teledyne Technologies 401(k) plan, but do not include 1,847 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock transactions by an executive. It does not contain any information that would indicate a positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity and is common for executives who hold stock options. It does not indicate any specific trend in the industry.
Comparison to Industry Standards
- Executive stock transactions are a common practice across publicly traded companies, and the reporting of these transactions via SEC Form 4 is standard procedure.
- The exercise of stock options and subsequent sale of shares by executives is a typical part of executive compensation packages.
- The specific prices and quantities of shares traded are unique to this individual and company, but the overall process is consistent with industry norms.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the volume of shares sold, but this is likely to be minimal.
- The transactions are part of the executive's compensation and do not indicate any change in the company's performance or outlook.
Key Dates
| Date | Description |
|---|---|
| 01/23/2019 | Date the stock options were granted. |
| 01/20/2025 | Date of information used to calculate 401k holdings. |
| 01/24/2025 | Date of the stock option exercise and stock sales. |
| 01/27/2025 | Date the SEC Form 4 was signed. |
| 01/23/2028 | Expiration date of the stock options. |
Keywords
Teledyne Technologies, stock options, insider trading, SEC Form 4, Stephen Blackwood, stock sale, executive compensation
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