Form 4: Teledyne Technologies Vice Chairman Jason VanWees Reports Stock Transactions
SEC Form 4 Filing
Jason VanWees, Vice Chairman of Teledyne Technologies, reports the sale of common stock and exercise of stock options on November 8, 2024.
Summary
- On November 8, 2024, Jason VanWees, Vice Chairman of Teledyne Technologies, exercised stock options to acquire 5,000 shares of common stock at a price of $123.38 per share.
- He also sold 3,400 shares at a weighted average price of $489.0628 and 1,600 shares at a weighted average price of $490.1809.
- Following these transactions, VanWees directly owns 51,323.441 shares of Teledyne Technologies common stock, including restricted shares, shares purchased under the Employee Stock Purchase Plan, and equivalent shares held in the 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
- The reported transactions are typical for executives who receive stock options as part of their compensation packages.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 01/24/2018 | Date stock option was exercisable |
| 01/24/2027 | Expiration date of stock option |
| 11/08/2024 | Date of stock option exercise and stock sales |
| 11/11/2024 | Date of Form 4 filing |
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