Teledyne (NYSE: TDY) chair awarded 5,633 options at $656.69
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teledyne Technologies Executive Chairman Robert Mehrabian reported receiving a grant of stock options covering 5,633 shares of common stock. The options have an exercise price of $656.69 per share and were awarded at no purchase cost.
The options vest in three equal annual installments beginning on April 22, 2027, and expire on April 22, 2036. This filing reflects a compensation-related award, not an open-market purchase or sale of Teledyne shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MEHRABIAN ROBERT
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 5,633 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 5,633 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 5,633 options
Exercise price: $656.69 per share
Options underlying shares: 5,633 shares
+3 more
6 metrics
Options granted
5,633 options
Stock Option (right to buy) reported on April 22, 2026
Exercise price
$656.69 per share
Conversion or exercise price for the stock options
Options underlying shares
5,633 shares
Underlying Teledyne common stock for the option award
Vesting schedule
3 equal annual installments
Beginning April 22, 2027, per footnote F1
Expiration date
April 22, 2036
Final date to exercise granted options
Total options after grant
5,633 options
Total derivative holdings from this grant following transaction
Key Terms
Stock Option (right to buy), conversion or exercise price, Common Stock, vest, +1 more
5 terms
Stock Option (right to buy) financial
"Security title is listed as "Stock Option (right to buy)" for this grant"
conversion or exercise price financial
"The filing shows a conversion or exercise price of 656.6900 per share"
Common Stock financial
"The underlying security title for the options is identified as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"The options vest in three equal annual installments beginning April 22, 2027"
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.
Grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition"
FAQ
What insider transaction did TDY’s Robert Mehrabian report on this Form 4?
Robert Mehrabian reported receiving a grant of stock options for 5,633 shares of Teledyne Technologies common stock. The options were awarded at no cost and give him the right to buy shares at a fixed exercise price in the future as they vest.
What is the exercise price of the new Teledyne (TDY) stock options?
The granted stock options carry an exercise price of $656.69 per share. This means Mehrabian can purchase Teledyne common shares at $656.69, once the options vest, regardless of the market price at the time of exercise within the option term.
When do Robert Mehrabian’s newly granted TDY options vest and expire?
The options vest in three equal annual installments beginning April 22, 2027. The first vesting date is April 22, 2027, and the options have an expiration date of April 22, 2036, after which any unexercised options will lapse.
Is Robert Mehrabian’s Form 4 transaction a market purchase or sale of TDY stock?
The reported transaction is a grant of stock options, not a market purchase or sale of common shares. It reflects a compensation-related award that gives him future rights to buy Teledyne shares at a set exercise price as the options vest.