Teledyne (NYSE: TDY) vice chair gets new options and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teledyne Technologies vice chairman Jason VanWees reported routine equity compensation and related tax withholding transactions linked to his spouse’s holdings. On April 22, 2026, 126 Restricted Stock Units held by his spouse were exercised into 126 shares of common stock, while 65 shares were automatically withheld to cover tax obligations.
His spouse also received a new grant of 272 Restricted Stock Units, each tied to one share of common stock with a stated value of $656.69, vesting in one‑third annual installments beginning April 22, 2027. Separately, VanWees received a direct grant of stock options for 2,415 shares at an exercise price of $656.69 per share, vesting in three equal annual installments starting April 22, 2027 and expiring on April 22, 2036.
Footnotes state that his spouse holds 2,639.6986 shares through plans and accounts and that VanWees disclaims beneficial ownership of these securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
126 shares exercised/converted
Mixed
5 txns
Insider
VanWees Jason
Role
Vice Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 2,415 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 272 | $0.00 | -- |
| Exercise | RestrictedStock Units | 126 | $0.00 | -- |
| Exercise | Common Stock | 126 | $0.00 | -- |
| Tax Withholding | Common Stock | 65 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 2,415 shares (Direct, null);
Restricted Stock Units — 272 shares (Indirect, by spouse);
RestrictedStock Units — 254 shares (Indirect, By Spouse);
Common Stock — 2,769.699 shares (Indirect, by spouse)
Footnotes (1)
- Shares automatically withheld to satisfy tax withholding. Reporting Person's spouse holds 2,639.6986 shares directly, including 549.0586 shares purchased through the Teledyne Technologies Incorporated ESPP and 1,604.64 equivalent shares held in the Teledyne Technologies Incorporated 401(K) Plan based on information received as of January 16, 2026. Does not include 647 Restricted Stock Units. Reporting person disclaims beneficial ownership of these shares. The options vest in three equal annual installments beginning April 22, 2027. The first vesting date is stated. Represents Restricted Stock Units issued to the spouse of the Reporting Person under the 2026-2028 Time Based Restricted Stock Unit Award Program. Restricted shares vest in 1/3 annual increments beginning April 22, 2027. The first vesting date is stated. Reporting Person disclaims beneficial ownership of these securities.
Key Figures
Tax-withheld shares: 65 shares
RSUs exercised: 126 units/shares
New RSU grant: 272 units at $656.69
+3 more
6 metrics
Tax-withheld shares
65 shares
Common stock automatically withheld for tax obligations on Apr. 22, 2026
RSUs exercised
126 units/shares
Restricted Stock Units converted into common stock on Apr. 22, 2026
New RSU grant
272 units at $656.69
Time-based RSU award to spouse, vesting from Apr. 22, 2027
Stock option grant
2,415 options at $656.69
Options to buy common stock, vesting from Apr. 22, 2027; expire Apr. 22, 2036
Spouse share holdings
2,639.6986 shares
Spouse’s direct holdings via ESPP and 401(k) as of Jan. 16, 2026
Unvested spouse RSUs
647 units
Restricted Stock Units held by spouse, not included in direct share count
Key Terms
tax withholding, Restricted Stock Units, Stock Option (right to buy), ESPP, +2 more
6 terms
tax withholding financial
"Shares automatically withheld to satisfy tax withholding."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Restricted Stock Units financial
"Represents Restricted Stock Units issued to the spouse of the Reporting Person"
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.
Stock Option (right to buy) financial
"Stock Option (right to buy) with an exercise price of 656.6900"
ESPP financial
"shares purchased through the Teledyne Technologies Incorporated ESPP"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
401(K) Plan financial
"equivalent shares held in the Teledyne Technologies Incorporated 401(K) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
beneficial ownership financial
"Reporting person disclaims beneficial ownership of these shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transactions did TDY’s Jason VanWees report?
Jason VanWees reported routine equity compensation activity, including RSU vesting, tax withholding, and new grants. His spouse’s Restricted Stock Units converted into common stock, some shares were withheld for taxes, and new RSUs and stock options tied to Teledyne stock were awarded.
What new Restricted Stock Unit awards are reported for TDY?
The report includes a grant of 272 Restricted Stock Units to Jason VanWees’s spouse, each referencing one Teledyne common share at $656.69. These RSUs vest in one‑third annual installments starting on April 22, 2027, under a 2026‑2028 time-based award program.
What stock options did Teledyne grant to Jason VanWees?
Jason VanWees received stock options covering 2,415 shares of Teledyne common stock with an exercise price of $656.69 per share. The options vest in three equal annual installments beginning April 22, 2027 and expire on April 22, 2036, reflecting long‑term incentive compensation.
Are the TDY insider transactions open-market buys or sells?
The transactions are primarily equity compensation related, not open-market trades. They include RSU exercises, automatic tax withholding of 65 shares, new RSU grants, and a stock option grant. No open-market purchases or sales are reported in this Form 4 filing.