Form 4: Teledyne Technologies EVP Melanie Cibik Reports Sale of Common Stock
SEC Form 4
Melanie Cibik, EVP, GenCounsel, CCO & Secretary of Teledyne Technologies, reported selling 706 shares of common stock at an average price of $519.9578 on March 3, 2025.
Summary
- On March 3, 2025, Melanie Cibik, an Executive Vice President, General Counsel, Chief Compliance Officer, and Secretary at Teledyne Technologies Inc. (TDY), sold 706 shares of the company's common stock.
- The sale was executed at a weighted average price of $519.9578 per share, with individual transactions ranging from $519.79 to $520.30.
- Following the reported transaction, Cibik directly owns 26,528.5577 shares of Teledyne Technologies common stock, which includes 534 restricted shares, shares purchased under the Employee Stock Purchase Plan, and 244.353 equivalent shares held in the Teledyne Technologies 401(k) plan as of January 20, 2025.
- It does not include 1,971 Restricted Stock Units.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of an insider stock sale, with no inherent positive or negative implications.
Industry Context
This is a routine Form 4 filing, disclosing an insider transaction. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| January 20, 2025 | Date of information regarding equivalent shares held in Teledyne Technologies 401(k) plan. |
| March 03, 2025 | Date of the stock sale transaction. |
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