Teledyne’s Robert Mehrabian donates shares, holdings now 130k+
Rhea-AI Filing Summary
Teledyne Technologies (TDY) Executive Chairman and Director Robert Mehrabian filed a Form 4 detailing a charitable gift of 14,400 common shares on 28 Jul 2025. The transaction is coded “G,” indicating a donation rather than an open-market trade, and was executed at $0 per share.
Post-transaction, the Mehrabian Living Trust holds 125,798 shares indirectly, while Mehrabian continues to own 4,355 restricted shares directly. The form notes an additional 4,883 RSUs that are not yet counted as beneficial ownership. Combined direct and indirect holdings now total roughly 130,153 shares, down about 14,400 shares, an immaterial change relative to Teledyne’s ~47 million shares outstanding.
No change in Mehrabian’s roles or control rights is disclosed, and the philanthropic nature of the gift suggests minimal market impact.
Positive
- None.
Negative
- None.
Insights
TL;DR Small charitable gift by TDY’s chairman; no sale, no strategic signal, neutral impact.
The Form 4 shows a donation of 14,400 shares—about 11% of the trust’s prior position and less than 0.03% of shares outstanding. Because the transaction is a code G gift, it neither reflects profit-taking nor alters insider sentiment on the stock. Mehrabian retains over 130k shares plus RSUs, indicating continued alignment with shareholders. From a governance perspective, philanthropic transfers are routine and do not weaken control. I view the filing as non-impactful to TDY’s investment thesis.