Form 4: Teledyne Technologies Director Jane Sherburne Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4


Director Jane Sherburne reports acquisition of 468 restricted stock units of Teledyne Technologies, vesting in one year.

Summary

  • On April 23, 2025, Jane Cecile Sherburne, a director of Teledyne Technologies Inc., acquired 468 shares of Common Stock in the form of 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.
  • The reporting person holds 2,019 shares directly and 4,418 shares held indirectly by the Jane Sherburne Revocable Trust dated November 30, 2017.
  • Following the transaction, Sherburne beneficially owns 6,437 shares of Teledyne Technologies Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock ownership, with neutral sentiment.

Positives

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

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

This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates

DateDescription
2017-11-30Date of the Jane Sherburne Revocable Trust.
2025-04-23Date of transaction: acquisition of Restricted Stock Units.
2025-04-24Date of signature.

Keywords

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

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