STOCK TITAN

Teledyne Technologies (NYSE: TDY) director granted 319 RSUs under incentive plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LORNE SIMON M reported acquisition or exercise transactions in this Form 4 filing.

Teledyne Technologies director Lorne Simon received an award of 319 Restricted Stock Units under the company’s 2014 Incentive Award Plan for non-employee directors. Each unit represents a contingent right to receive one share of common stock and vests one year from the grant date.

The number of units was determined using a reference price of $656.69 per share. After this award, Simon holds 62,232 shares of Teledyne common stock directly, which includes 3,699 Restricted Stock Units, reflecting routine equity-based director compensation rather than an open-market trade.

Positive

  • None.

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Insider LORNE SIMON M
Role null
Type Security Shares Price Value
Grant/Award Common Stock 319 $0.00 --
Holdings After Transaction: Common Stock — 62,232 shares (Direct, null)
Footnotes (1)
  1. Represents Restricted Stock Units issued to the Reporting Person under the Administrative Rules of the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan Related to Non-Employee Director Restricted Stock Unit Awards and Fees. Each Restricted Stock Unit represents a contingent right to receive one share of Teledyne Common Stock. Units vest one year from the date of grant. Shares of common stock will be delivered to the Reporting Person following the vesting date, unless the Reporting Person has made an election to defer delivery of shares until separation from Board service. In determining the number of units the price of $656.69 was used. Reporting person holds 62,232 shares directly. Shares held directly include 3,699 Restricted Stock Units.
RSU grant size 319 units Restricted Stock Units granted to director on April 22, 2026
Reference price for units $656.69 per share Price used to determine number of RSUs granted
Shares held after transaction 62,232 shares Total Teledyne common shares held directly following award
RSUs included in holdings 3,699 units Restricted Stock Units included within direct holdings
Transaction price per unit $0.00 Grant/award of RSUs carried no cash purchase price
Restricted Stock Units financial
"Represents Restricted Stock Units issued to the Reporting Person under the Administrative Rules"
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.
Incentive Award Plan financial
"under the Administrative Rules of the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan"
An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Teledyne Common Stock"
vest financial
"Units vest one year from the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
separation from Board service financial
"defer delivery of shares until separation from Board service"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LORNE SIMON M

(Last)(First)(Middle)
1049 CAMINO DOS RIOS

(Street)
THOUSAND OAKS CALIFORNIA 91360

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TELEDYNE TECHNOLOGIES INC [ TDY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock(1)04/22/2026A319A$0(2)62,232(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents Restricted Stock Units issued to the Reporting Person under the Administrative Rules of the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan Related to Non-Employee Director Restricted Stock Unit Awards and Fees. Each Restricted Stock Unit represents a contingent right to receive one share of Teledyne Common Stock. Units vest one year from the date of grant. Shares of common stock will be delivered to the Reporting Person following the vesting date, unless the Reporting Person has made an election to defer delivery of shares until separation from Board service.
2. In determining the number of units the price of $656.69 was used.
3. Reporting person holds 62,232 shares directly. Shares held directly include 3,699 Restricted Stock Units.
Remarks:
Simon M. Lorne by S. Paul Sassalos pursuant to Power of Attorney previously filed with SEC.04/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Teledyne Technologies (TDY) director Lorne Simon report in this Form 4?

Lorne Simon reported receiving 319 Restricted Stock Units of Teledyne Technologies common stock as a director compensation award. The units were granted under the company’s 2014 Incentive Award Plan and represent a contingent right to receive an equal number of common shares after vesting.

How many Teledyne Technologies (TDY) shares does Lorne Simon hold after this transaction?

Following this award, Lorne Simon holds 62,232 shares of Teledyne Technologies common stock directly. This total includes 3,699 Restricted Stock Units, which are share-based awards that convert into common shares upon vesting and settlement under the company’s incentive plan rules.

What are the key terms of the Restricted Stock Units granted to Lorne Simon at Teledyne (TDY)?

The grant consists of 319 Restricted Stock Units, each representing a contingent right to one Teledyne share. The units vest one year from the grant date, with shares delivered after vesting unless Simon elects to defer delivery until separation from Board service under plan rules.

How was the number of Restricted Stock Units for Lorne Simon’s Teledyne (TDY) award determined?

In determining the number of Restricted Stock Units, a reference price of $656.69 per share was used. This price was applied under the administrative rules of Teledyne’s 2014 Incentive Award Plan to translate the director’s compensation amount into 319 share-based units.

Does Lorne Simon’s Teledyne (TDY) Form 4 reflect an open-market stock purchase or sale?

No, the filing reflects a grant of 319 Restricted Stock Units as compensation, not an open-market transaction. The units were issued at a stated price of $0.00 per unit and will convert into common shares upon vesting, consistent with Teledyne’s non-employee director award program.