Teledyne (NYSE: TDY) awards 581 performance-based RSUs to senior VP
Rhea-AI Filing Summary
Teledyne Technologies reported an equity award to a senior executive. Senior VP and Controller Cynthia Y. Belak received 581 Restricted Stock Units (RSUs) on January 20, 2026 under the company’s 2026–2028 Performance-Based Restricted Stock Unit Award Program. The Form 4 shows this as an acquisition of derivative securities with no cash paid per unit at grant.
The filing explains that vested shares of common stock will be delivered to Belak after the vesting date, tying the award to future performance and service. The number of RSUs granted was calculated using a share price of $531.67. After this grant, Belak beneficially owned 581 derivative securities in the form of these RSUs, all held directly.
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FAQ
What insider transaction did TDY report for Cynthia Y. Belak?
The company reported that Cynthia Y. Belak, Senior VP and Controller, received 581 Restricted Stock Units (RSUs) on January 20, 2026 under a performance-based award program.
What type of securities were involved in this Teledyne Technologies (TDY) Form 4?
The Form 4 involves Restricted Stock Units, reported as derivative securities that can settle in shares of Teledyne Technologies common stock after vesting.
At what price were the TDY Restricted Stock Units for Cynthia Belak calculated?
The number of 581 RSUs was calculated using a share price of $531.67, as stated in the footnotes to the filing.
Does Cynthia Belak directly or indirectly hold the RSUs reported in this TDY filing?
The filing lists the 581 Restricted Stock Units as directly owned by Cynthia Y. Belak, with no indirect ownership entity noted.
When will the TDY RSUs granted to Cynthia Belak be delivered as shares?
The filing states that vested shares will be delivered to Cynthia Y. Belak following the vesting date under the 2026–2028 performance-based RSU program.
How many derivative securities does Cynthia Belak own after this TDY transaction?
After this grant, Cynthia Y. Belak beneficially owned 581 derivative securities, all representing Restricted Stock Units tied to Teledyne Technologies common stock.