Teledyne (NYSE: TDY) exec Cynthia Belak logs forfeiture and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teledyne Technologies executive Cynthia Y. Belak, Senior VP and Controller, reported routine equity award adjustments involving company common stock. On January 24, 2026, 131 shares were forfeited when a 2023–2025 restricted stock award vested, reflecting the program’s terms.
On the same date, 118 shares were automatically withheld to cover tax obligations tied to that vesting, both transactions recorded at $0 per share. After these events, she directly held 4,641.7034 common shares, which include 882.1460 equivalent shares in the Teledyne Technologies 401(k) Plan and 3,759.5574 shares held through the Belak Family Trust; the filing notes an additional 1,766 restricted stock units that are not counted as shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Belak Cynthia Y
Role
Senior VP and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 131 | $0.00 | -- |
| Tax Withholding | Common Stock | 118 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,759.703 shares (Direct)
Footnotes (1)
- Represents shares forfeited upon vesting of the 2023-2025 Restricted Stock Award Program. Shares automatically withheld to satisfy tax withholding. Shares held directly include 882.1460 equivalent shares held in the Teledyne Technologies 401(k) Plan, based on information received January 16, 2026. Also includes 3,759.5574 shares held indirectly by the Belak Family Trust. Does not include 1,766 Restricted Stock Units.
FAQ
What insider transactions did TDY executive Cynthia Belak report on January 24, 2026?
Cynthia Y. Belak reported two equity-related transactions on January 24, 2026: forfeiture of 131 restricted shares upon vesting and automatic withholding of 118 shares to cover taxes. Both transactions involved Teledyne Technologies common stock and were recorded at $0 per share.
What does the tax withholding transaction in TDY’s Form 4 for Cynthia Belak represent?
The 118-share transaction coded “F” represents shares automatically withheld to satisfy tax withholding obligations triggered by restricted stock vesting. Instead of paying cash taxes separately, a portion of the vested shares is retained by the issuer to cover required tax liabilities.
How are indirect holdings reported for Cynthia Belak in the TDY Form 4 filing?
The filing notes that her directly held shares include interests through two arrangements: 882.1460 equivalent shares in the Teledyne Technologies 401(k) Plan and 3,759.5574 shares held indirectly by the Belak Family Trust. These positions are aggregated into her reported beneficial ownership.