Teledyne (NYSE: TDY) CFO awarded 1,144 performance-based RSUs
Rhea-AI Filing Summary
Teledyne Technologies Executive VP and CFO Stephen Finis Blackwood reported an equity award in the form of restricted stock units. On 01/20/2026, he was granted 1,144 Restricted Stock Units under the company’s 2026–2028 Performance-Based Stock Unit Award Program. Each unit represents a right to receive one share of Teledyne common stock, with vested shares to be delivered to him after the vesting date. The filing notes that the price used to calculate the number of units awarded was $531.67 per share. Following this grant, he directly holds 1,144 derivative securities in the form of restricted stock units.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did TDY Executive VP and CFO Stephen Finis Blackwood report?
Stephen Finis Blackwood reported an award of 1,144 Restricted Stock Units of Teledyne Technologies common stock, granted on 01/20/2026 under a performance-based stock unit program.
What type of security was involved in the TDY Form 4 for Stephen Finis Blackwood?
The transaction involved Restricted Stock Units, which are derivative securities that can settle in shares of Teledyne Technologies common stock upon vesting.
Was the TDY CFO’s Restricted Stock Unit grant a purchase or an award?
The filing classifies the transaction with code A, indicating an award or acquisition of 1,144 Restricted Stock Units rather than an open-market purchase.
What program governs the 1,144 Restricted Stock Units granted to TDY’s CFO?
The 1,144 Restricted Stock Units were issued under Teledyne’s 2026–2028 Performance-Based Stock Unit Award Program, which links vesting to performance over that period.
How is the number of Restricted Stock Units for the TDY CFO’s award calculated?
The number of units was determined using a calculation price of $531.67 per share, as disclosed in the explanation of responses.
How many derivative securities does the TDY CFO hold after this Form 4 transaction?
After the reported award, Stephen Finis Blackwood beneficially owns 1,144 derivative securities in the form of Restricted Stock Units, held directly.