Form 4: Teledyne Technologies Inc. Executive Michael T. Smith Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Michael T. Smith, an executive at Teledyne Technologies Inc., reported the acquisition of 54,935 shares of common stock on December 12, 2024.

Summary

  • Michael T. Smith, an executive at Teledyne Technologies Inc., filed a Form 4 disclosing a transaction on December 12, 2024.
  • Mr. Smith acquired 54,935 shares of Teledyne Technologies Inc. common stock.
  • This includes 468 Restricted Stock Units.
  • Mr. Smith directly holds 54,935 shares and disclaims beneficial ownership of 200 shares owned by his wife.
  • The transaction was reported by S. Paul Sassalos, acting under a Power of Attorney previously filed with the SEC.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction, with no positive or negative implications for the company's performance.

Industry Context

This is a routine filing related to executive stock transactions, which is common in publicly traded companies.

Comparison to Industry Standards

  • Executive stock transactions are a standard practice in publicly traded companies, and the reporting of these transactions via Form 4 filings is a regulatory requirement.
  • Similar filings are made by executives at comparable companies such as L3Harris Technologies and Raytheon Technologies.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects an executive's stock ownership.

Key Dates

DateDescription
2024-12-12Date of the stock transaction and filing of the Form 4.

Keywords

Teledyne Technologies Inc, stock transaction, Form 4, executive, Michael T. Smith, restricted stock units, beneficial ownership

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