Form 4: Teledyne Technologies Director Michael T. Smith Sells 2,100 Shares

Director Michael T. Smith of Teledyne Technologies sold 2,100 shares of common stock on January 27, 2025, at a price of $510.5 per share.

Summary

• On January 27, 2025, Michael T. Smith, a director of Teledyne Technologies Inc., sold 2,100 shares of the company's common stock.
• The sale was executed at a price of $510.5 per share.
• Following the transaction, Smith directly owns 52,835 shares, which includes 468 Restricted Stock Units.
• Smith also disclaims beneficial ownership of 200 shares owned by his wife.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a standard transaction (stock sale) by a company director. There is no indication of positive or negative implications for the company's performance.

Industry Context

Sales of shares by company directors are a normal part of corporate governance. It is difficult to assess the impact of this sale without knowing the director's overall holdings and typical trading patterns. It is important to note that this is a single transaction by one director and may not be indicative of broader trends within the company.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.

Key Dates