Teledyne Director Michael Smith Trims 3.7% of Holdings at $560.10

Rhea-AI Filing Summary

Teledyne Technologies (TDY) Form 4: Director Michael T. Smith disposed of 1,975 common shares on 28-Jul-2025 at an average $560.10, generating roughly $1.1 million in proceeds.

After the sale, Smith still directly owns 51,328 shares (including 468 RSUs) and indirectly 200 shares held by his spouse—ownership equal to about 3.7 % lower than before the transaction and representing far less than 0.1 % of TDY’s total shares outstanding. No derivative trades were reported.

The activity appears routine portfolio management rather than a strategic shift; signature dated 29-Jul-2025.

Positive

• Director retains 51,328 common shares, signaling continued commitment to TDY.
• No derivative positions reported, reducing complexity and dilution concerns.

Negative

• Insider sale of 1,975 shares (~$1.1 m) can be perceived as a mild negative sentiment signal.

Insights

Securities Analyst

TL;DR: Modest insider sale (~$1.1 m) trims 3.7 % of stake; overall ownership remains sizable, implying limited fundamental signal.

Smith’s sale is small relative to both his remaining stake and Teledyne’s float. Directors often diversify after price appreciation—TDY is near record highs—so I view the move as neutral for the stock. Importantly, he retains more than 51 k shares, aligning interests with shareholders. No options were exercised or filed, so there’s no looming dilution. Market reaction is likely muted unless additional insiders begin selling.

Corporate Governance Expert

TL;DR: Routine Form 4 with clear disclosure; insider continues to maintain significant skin-in-the-game.

The filing shows proper Section 16 compliance—signed via existing power of attorney and filed within two business days. Sale size does not raise governance red flags, and the disclaimer of spousal holdings is standard. Director still owns >50 k shares, supporting alignment. From a governance lens, impact is neutral—no policy breaches, no concentration risk.

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

SMITH MICHAEL T

(Last) (First) (Middle)

1049 CAMINO DOS RIOS

(Street)

THOUSAND OAKS CA 91360

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TELEDYNE TECHNOLOGIES INC [ TDY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/28/2025		S		1,975	D	$560.1	51,328(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reporting Person holds 51,328 shares directly and 200 shares owned by Mr. Smith's wife, beneficial ownership of which is disclaimed. Shares held directly include 468 Restricted Stock Units.

Remarks:

	Michael T. Smith by S. Paul Sassalos pursuant to Power of Attorney previously filed with SEC.	07/29/2025
	** Signature of Reporting Person	Date
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.

FAQ

How many TDY shares did Michael T. Smith sell on 28-Jul-2025?

1,975 common shares were sold.

What was the sale price for the TDY shares?

The average price was $560.10 per share.

How many TDY shares does Smith still own after the transaction?

He directly owns 51,328 shares and indirectly 200 shares through his spouse.

What percentage of his direct holdings did Smith sell?

Approximately 3.7 % of his direct stake.

Were any derivative securities involved in this Form 4 filing?

No; only common stock transactions were reported.