Form 4: Teledyne Technologies Vice President and Controller, Cynthia Y. Belak, Executes Stock Transactions
SEC Form 4 Filing
Cynthia Y. Belak, Vice President and Controller at Teledyne Technologies, exercised stock options and sold shares on January 24, 2025, resulting in a change in her beneficial ownership.
Summary
- Cynthia Y. Belak, a Vice President and Controller at Teledyne Technologies, engaged in multiple transactions involving the company's common stock on January 24, 2025.
- She exercised stock options to acquire 3,601 shares at $383.33 and 2,144 shares at $360.39.
- She then sold a total of 5,450 shares at prices ranging from $505.50 to $511.46 per share.
- After these transactions, Ms. Belak directly owns 4,961.7424 shares of Teledyne Technologies common stock.
- This includes 823 restricted shares and 882.185 equivalent shares held in the Teledyne Technologies 401(k) Plan, and excludes 1,185 Restricted Stock Units.
- She also indirectly holds 3,256.5574 shares through the Belak Family Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an officer, and does not contain any information that would indicate positive or negative sentiment.
Industry Context
This is a routine filing related to stock transactions by a company officer and is common practice for publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transactions are typical for executives who receive stock options as part of their compensation.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the volume of shares sold, but this is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| 01/21/2021 | Date stock options were granted that were exercised on 01/24/2025 |
| 10/25/2023 | Date stock options were granted that were exercised on 01/24/2025 |
| 01/20/2025 | Date of information used to calculate shares held in the 401(k) plan. |
| 01/24/2025 | Date of stock option exercises and stock sales. |
| 01/27/2025 | Date the Form 4 was signed. |
Keywords
Teledyne Technologies, stock options, insider trading, Form 4, stock sale, beneficial ownership, Cynthia Y. Belak
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