Form 4: Teledyne Technologies Executive Chairman Robert Mehrabian Executes Stock Options and Sells Shares
SEC Form 4 Filing
Robert Mehrabian, Executive Chairman of Teledyne Technologies, exercised stock options and sold shares of common stock on February 6th and 7th, 2025.
Summary
- Robert Mehrabian, the Executive Chairman of Teledyne Technologies, executed stock options to acquire shares of common stock at a price of $192.
- He then sold portions of these shares on February 6th and 7th, 2025.
- On February 6th, he acquired 26,530 shares through option exercise and sold 15,453 shares at an average price of $513.6264, 200 shares at $514.695, and 10,877 shares at an average price of $511.0225.
- On February 7th, he acquired 5,007 shares through option exercise and sold 4,982 shares at an average price of $510.33 and 25 shares at $511.06.
- Following these transactions, Mehrabian directly holds 144,553 shares of common stock.
- He also indirectly holds 140,198 shares through The Mehrabian Living Trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions. It doesn't indicate positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which is important for investors to monitor.
Comparison to Industry Standards
- Monitoring insider transactions is a standard practice in financial analysis.
- Comparing Mehrabian's trading activity to that of other executives in similar technology companies (e.g., L3Harris Technologies, General Dynamics) could provide context.
- Analyzing the timing and volume of these transactions relative to Teledyne's stock performance and industry trends is crucial for assessing their significance.
Stakeholder Impact
- The transactions could have a minor impact on shareholders due to the change in ownership.
- The impact is likely minimal unless the transactions signal a larger trend or concern.
Key Dates
| Date | Description |
|---|---|
| 01/23/2019 | Date stock options were granted. |
| 01/23/2028 | Expiration date of stock options. |
| 02/06/2025 | Date of first reported transaction (option exercise and share sales). |
| 02/07/2025 | Date of second reported transaction (option exercise and share sales). |
Keywords
Teledyne Technologies, Robert Mehrabian, Stock Options, Share Sales, Form 4, TDY, Executive Chairman, Insider Trading
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