Form 4: Teledyne Technologies Director Michelle Kumbier Reports Acquisition of Restricted Stock Units

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

Summary

• On April 23, 2025, Michelle Kumbier, a director of Teledyne Technologies Inc., acquired 468 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 price used in determining the number of units was $448.52.
• Following the transaction, Kumbier directly holds 2,569 shares, including 2,181 Restricted Stock Units.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock unit acquisition. It indicates alignment of director's interest with shareholders but doesn't inherently suggest positive or negative performance.

Positives

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting period encourages long-term commitment to the company's success.

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 routine disclosures that provide transparency into the transactions of company insiders, which can be informative for investors.

Stakeholder Impact

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates

Keywords

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