Director at Teledyne Technologies (NYSE: TDY) granted 319 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kumbier Michelle reported acquisition or exercise transactions in this Form 4 filing.
Teledyne Technologies director Michelle Kumbier received an equity grant of 319 Restricted Stock Units (RSUs) of Common Stock. The award was issued under the company’s 2014 Incentive Award Plan for non-employee directors, using a reference price of $656.69 to determine the number of units.
Each RSU represents a contingent right to receive one Teledyne common share and vests one year from the grant date. After this grant, Kumbier holds 2,888 shares directly, including 2,500 RSUs, reflecting routine, stock-based board compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kumbier Michelle
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 319 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,888 shares (Direct, null)
Footnotes (1)
- Represents Restricted Stock Units issued to the Reporting Person under the Administrative Rules of the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan Related to Non-Employee Director Restricted Stock Unit Awards and Fees. Each Restricted Stock Unit represents a contingent right to receive one share of Teledyne Common Stock. Units vest one year from the date of grant. Shares of common stock will be delivered to the Reporting Person following the vesting date, unless the Reporting Person has made an election to defer delivery of shares until separation from Board service. In determining the number of units the price of $656.69 was used. Reporting Person holds 2,888 shares directly. Shares held include 2,500 Restricted Stock Units.
Key Figures
RSUs granted: 319 units
Reference price per unit: $656.69
Total shares after grant: 2,888 shares
+2 more
5 metrics
RSUs granted
319 units
Non-employee director award on April 22, 2026
Reference price per unit
$656.69
Price used to determine RSU count
Total shares after grant
2,888 shares
Direct holdings following the transaction
RSUs included in holdings
2,500 RSUs
Portion of 2,888 shares held as Restricted Stock Units
Vesting period
1 year
RSUs vest one year from grant date
Key Terms
Restricted Stock Units, 2014 Incentive Award Plan, non-employee director, contingent right
4 terms
Restricted Stock Units financial
"Represents Restricted Stock Units issued to the Reporting Person under the Administrative Rules"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2014 Incentive Award Plan financial
"under the Administrative Rules of the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan"
non-employee director financial
"2014 Incentive Award Plan Related to Non-Employee Director Restricted Stock Unit Awards and Fees"
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
FAQ
What did Teledyne Technologies (TDY) disclose about director Michelle Kumbier’s new equity grant?
Teledyne Technologies disclosed that director Michelle Kumbier received 319 Restricted Stock Units of Common Stock as board compensation. The RSUs were granted under the company’s 2014 Incentive Award Plan for non-employee directors and represent a contingent right to receive common shares after vesting.
What are the key terms of Michelle Kumbier’s 319 Teledyne (TDY) RSU award?
The 319 Restricted Stock Units each represent a contingent right to receive one share of Teledyne Common Stock. The units vest one year from the grant date, with shares delivered after vesting unless Kumbier elects to defer delivery until she separates from Board service.
How was the size of Michelle Kumbier’s Teledyne (TDY) RSU grant determined?
The number of Restricted Stock Units granted to Michelle Kumbier was calculated using a price of $656.69 per unit. This reference price, disclosed in the footnotes, governed how many RSUs were issued under Teledyne’s Amended and Restated 2014 Incentive Award Plan for non-employee directors.
Does Michelle Kumbier’s Teledyne (TDY) RSU grant involve an open-market stock purchase?
The transaction is a grant of 319 Restricted Stock Units, not an open-market stock purchase. It reflects non-cash equity compensation awarded under Teledyne’s 2014 Incentive Award Plan for non-employee directors, with shares delivered after the units vest rather than being bought in the market.