Teledyne (NYSE: TDY) CEO receives 2,633 RSUs for 2026–2028 program
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teledyne Technologies’ President and CEO George C. Bobb III reported an equity award under the company’s long-term incentive program. On January 20, 2026, he received 2,633 Restricted Stock Units (RSUs) under the 2026–2028 Performance-Based Restricted Stock Unit Award Program.
The RSUs are reported as derivative securities with a grant price of $0 on the form, reflecting that this is an award rather than an open-market purchase. The award was sized using a reference price of $531.67 per share to calculate the number of units. The RSUs are scheduled to vest by January 20, 2028, after which vested shares will be delivered to Bobb, aligning his compensation with Teledyne’s multi‑year performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bobb George C III
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,633 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,633 shares (Direct)
Footnotes (1)
- Represents Restricted Stock Units issued to Reporting Person under the 2026-2028 Performance-Based Restricted Stock Unit Award Program. Vested shares will be delivered to Reporting Person following the vesting date. Price used to calculate the number of Restricted Stock Units awarded is $531.67.
FAQ
What insider transaction did Teledyne Technologies (TDY) report for its CEO?
The filing shows that President and CEO George C. Bobb III received an award of 2,633 Restricted Stock Units (RSUs) on January 20, 2026 under Teledyne’s 2026–2028 performance-based RSU program.
How many Teledyne (TDY) RSUs were granted to the CEO in this Form 4?
The Form 4 reports that 2,633 Restricted Stock Units were granted to George C. Bobb III, and he beneficially owned 2,633 derivative securities following the reported transaction.
Was the Teledyne (TDY) CEO’s RSU grant an open-market stock purchase?
No. The transaction is coded as an “A” (acquisition) of Restricted Stock Units at a price of $0 per unit, indicating an equity award rather than an open-market purchase.
What program governs the RSUs granted to Teledyne’s CEO in this filing?
The footnotes state that the RSUs were issued under the 2026–2028 Performance-Based Restricted Stock Unit Award Program, with vested shares to be delivered after the vesting date.
What price was used to calculate the number of Teledyne RSUs awarded to the CEO?
A reference price of $531.67 per share was used to calculate the number of Restricted Stock Units awarded, according to the footnotes in the filing.
When do the reported Teledyne (TDY) RSUs for the CEO vest and expire?
The RSUs are shown with a date exercisable of January 20, 2028 and an expiration date of January 20, 2028, with vested shares to be delivered to the CEO following the vesting date.