Teledyne Technologies (NYSE: TDY) director receives 319 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sherburne Jane Cecile reported acquisition or exercise transactions in this Form 4 filing.
Teledyne Technologies director Jane Cecile Sherburne received an equity award of 319 Restricted Stock Units (RSUs) of common stock. The grant was made on April 22, 2026 under the company’s 2014 incentive award plan for non-employee directors.
Each RSU represents a contingent right to receive one Teledyne common share, vesting one year from the grant date. After this award, Sherburne holds 4,756 shares in total, including 2,338 shares (all RSUs) directly and 2,418 shares indirectly through the Jane Sherburne Revocable Trust dated November 30, 2017.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sherburne Jane Cecile
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 319 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,756 shares (Direct, null)
Footnotes (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 2,338 shares directly and 2,418 shares held indirectly by the Jane Sherburne Revocable Trust dated November 30, 2017. Shares held directly include 2,338 Restricted Stock Units.
Key Figures
RSU grant size: 319 RSUs
Determination price: $656.69 per share
Total holdings after grant: 4,756 shares
+3 more
6 metrics
RSU grant size
319 RSUs
Non-employee director award on April 22, 2026
Determination price
$656.69 per share
Price used to determine number of RSUs
Total holdings after grant
4,756 shares
Total Teledyne common stock after RSU award
Direct holdings
2,338 shares
Shares held directly, all as Restricted Stock Units
Indirect holdings
2,418 shares
Shares held by Jane Sherburne Revocable Trust dated November 30, 2017
Vesting period
1 year
RSUs vest one year from grant date
Key Terms
Restricted Stock Units, Incentive Award Plan, non-employee director, contingent right
4 terms
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.
non-employee director financial
"2014 Incentive Award Plan Related to Non-Employee Director Restricted Stock Unit Awards and Fees."
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Teledyne Common Stock."
FAQ
What did Teledyne Technologies (TDY) director Jane Sherburne report on this Form 4?
Director Jane Cecile Sherburne reported receiving an award of 319 Restricted Stock Units of Teledyne Technologies common stock. The award was granted under the company’s 2014 incentive plan for non-employee directors as equity-based compensation, rather than through an open-market stock purchase.
How do the 319 Restricted Stock Units for TDY work for Jane Sherburne?
Each of the 319 Restricted Stock Units represents a contingent right to receive one share of Teledyne common stock. These units vest one year from the grant date, after which shares are delivered unless Sherburne has elected to defer delivery until separation from Board service.
At what price were the Teledyne (TDY) Restricted Stock Units for Jane Sherburne determined?
In determining the number of Restricted Stock Units granted to Jane Sherburne, a price of $656.69 per share was used. This price is referenced in the filing footnotes as the basis for calculating the 319-unit award under the company’s incentive plan.