Teledyne (NYSE: TDY) director trims stake with 4,000-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teledyne Technologies director Michael T. Smith reported selling a total of 4,000 shares of common stock at $621 per share in two transactions on January 28 and 29, 2026. After these sales, he directly holds 47,128 shares and his wife holds 200 shares, for which he disclaims beneficial ownership.
His directly held position includes 468 restricted stock units, which are share-based awards that typically vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($2,484,000)
Net Sell
2 txns
Insider
SMITH MICHAEL T
Role
Director
Sold
4,000 shs ($2.48M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,469 | $621.00 | $1.53M |
| Sale | Common Stock | 1,531 | $621.00 | $951K |
Holdings After Transaction:
Common Stock — 47,328 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TDY director Michael T. Smith report?
Michael T. Smith reported selling 4,000 shares of Teledyne Technologies common stock at $621 per share. The sales occurred in two tranches, 1,531 shares on January 28, 2026 and 2,469 shares on January 29, 2026, all held in a direct ownership capacity.
What prices were received in Michael T. Smith’s TDY stock sales?
Both reported transactions were executed at a price of $621 per share. On January 28, 2026 he sold 1,531 shares at $621, and on January 29, 2026 he sold 2,469 shares at the same $621 per share price, according to the Form 4 filing.
What is Michael T. Smith’s relationship to Teledyne Technologies (TDY)?
Michael T. Smith is a director of Teledyne Technologies, as indicated in the Form 4 filing. He is not listed as an officer or a 10% owner in this report. The filing reflects his status as a board member with directly and indirectly associated shareholdings.
How many restricted stock units does Michael T. Smith hold in TDY?
Within his direct holdings, Michael T. Smith’s 47,128 Teledyne Technologies shares include 468 restricted stock units. Restricted stock units are equity awards that typically convert into shares upon vesting, aligning director compensation with long-term shareholder interests when those units settle.
Are any of Michael T. Smith’s reported TDY holdings owned indirectly?
Yes. The filing notes that 200 Teledyne Technologies shares are owned by Mr. Smith’s wife. He disclaims beneficial ownership of those shares, meaning they are attributed to her, while his primary economic and voting interest is in the 47,128 shares held directly.