Teledyne director receives 319 RSUs award
Kumbier Michelle reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 319 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. In determining the number of units the price of $656.69 was used.
- F3. Reporting Person holds 2,888 shares directly. Shares held include 2,500 Restricted Stock Units.
Key Figures
Key Terms
Restricted Stock Units financial
2014 Incentive Award Plan financial
non-employee director financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Teledyne Technologies (TDY) disclose about director Michelle Kumbier’s new equity grant?
What are the key terms of Michelle Kumbier’s 319 Teledyne (TDY) RSU award?
How was the size of Michelle Kumbier’s Teledyne (TDY) RSU grant determined?
Does Michelle Kumbier’s Teledyne (TDY) RSU grant involve an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.