Form 4: Teledyne Technologies Vice President and Controller, Cynthia Y. Belak, Reports Share Transactions

Cynthia Y. Belak, Vice President and Controller at Teledyne Technologies, reported the forfeiture of 71 common stock shares and updated her beneficial ownership holdings.

Summary

• Cynthia Y. Belak, a Vice President and Controller at Teledyne Technologies, filed a Form 4 with the SEC.
• The filing reports the forfeiture of 71 common stock shares on January 25, 2025, due to the vesting of a restricted stock award from January 25, 2022.
• Following the transaction, Ms. Belak's direct holdings include 4,890.7424 shares, which includes 423 restricted shares and 882.1850 equivalent shares held in the Teledyne Technologies 401(k) Plan.
• Additionally, she indirectly holds 3,585.5574 shares through the Belak Family Trust.
• The report does not include 1,184 Restricted Stock Units held by Ms. Belak.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would be considered positive or negative from an investment perspective. It is a neutral event.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the holdings of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The reporting of stock forfeitures and changes in beneficial ownership is consistent with regulatory requirements.
• Similar filings are made by executives at comparable companies such as L3Harris Technologies and Raytheon Technologies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of company executives.
• The transaction has a minimal impact on the overall share structure of the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Teledyne Technologies, Stock Forfeiture, Restricted Stock, Insider Trading, SEC Filing