Form 4: Teledyne Technologies Director Wesley W. von Schack Sells 707 Shares

Sentiment:

SEC Form 4 Filing


Director Wesley W. von Schack of Teledyne Technologies sold 707 shares of common stock at an average price of $488.065 on November 8, 2024.

Summary

  • On November 8, 2024, Wesley W. von Schack, a director of Teledyne Technologies, sold 707 shares of the company's common stock.
  • The sale was executed at a weighted average price of $488.065 per share, with individual trades ranging from $487.96 to $488.18.
  • Following the transaction, von Schack beneficially owns a total of 10,583 shares, including shares held directly, in The von Schack Revocable Trust, and in the Wesley von Schack Revocable Trust.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

  • The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.

Key Dates

DateDescription
11/08/2024Date of the stock sale transaction.

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