Form 4: Teledyne Technologies EVP Melanie Cibik Reports Stock Option Exercise and Sale

Melanie Cibik, EVP, GenCounsel, CCO & Secretary of Teledyne Technologies, exercised stock options and sold shares on January 29, 2025.

Summary

• On January 29, 2025, Melanie Susan Cibik, an Executive Vice President, General Counsel, CCO, and Secretary at Teledyne Technologies Inc. (TDY), executed transactions involving the company's stock.
• Cibik exercised stock options to acquire 2,699 shares of common stock at a price of $217.39 per share.
• Simultaneously, Cibik sold 2,699 shares of common stock at a weighted average price of $510.0266, with individual trades ranging from $510.00 to $510.26.
• Following these transactions, Cibik directly owns 27,234.5577 shares, which includes shares purchased under the Employee Stock Purchase Plan and equivalent shares held in the Teledyne Technologies 401(k) plan, and restricted shares.
• Cibik also holds 534 restricted shares and stock options to purchase 0 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction could have a minor impact on shareholders, as insider transactions are often scrutinized for signals about the company's prospects.

Key Dates