Form 4: Teledyne Technologies Director, Kenneth C. Dahlberg, Reports Acquisition of Restricted Stock Units

Kenneth C. Dahlberg, a director at Teledyne Technologies, reported the acquisition of 468 restricted stock units (RSUs) on April 23, 2025.

Summary

• On April 23, 2025, Kenneth C. Dahlberg, a director of Teledyne Technologies, acquired 468 restricted stock units (RSUs).
• These RSUs were issued 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.
• 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.
• The price used in determining the number of units was $448.52.
• Following the transaction, Dahlberg beneficially owns a total of 19,671 shares, including 936 shares held directly and 18,735 shares held indirectly through the Dahlberg Family Trust.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing, indicating a routine transaction. The sentiment is neutral, with a slight positive bias due to the director's increased stake in the company.

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

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Director compensation packages often include restricted stock units to align the interests of directors with those of shareholders.
• The vesting period of one year is a common practice for RSU grants.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder sentiment, as it demonstrates the director's commitment to the company's success.

Key Dates

Keywords

Teledyne Technologies, Director, Kenneth C. Dahlberg, Restricted Stock Units, RSUs, Beneficial Ownership, Form 4, TDY