TE Connectivity SVP gets 3.87 RSU equivalents
TE Connectivity plc reported that SVP and Chief Human Resources Officer Malavika Sagar received a grant of 3.8678 restricted stock units as a dividend equivalent on existing awards.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
TE Connectivity plc reported that SVP and Chief Human Resources Officer Malavika Sagar received a grant of 3.8678 restricted stock units as a dividend equivalent on existing awards. These units convert into common shares on a 1-for-1 basis and follow the vesting schedule of the underlying award. After this grant, her directly held restricted stock units total 1,047.3010.
Insider Trade Summary
Grant/Award: 3.8678 shares
Grant/Award
1 txn
Insider
SAGAR MALAVIKA
Role
SVP, Chief Human Resources Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3.8678 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,047.301 contracts (Direct)
Footnotes (2)
- F1. Conversion is 1-for-1.
- F2. Restricted stock units issued as dividend equivalents on occurrence of payment to Issuer's shareholders. Subject to acceleration upon certain events, the restricted stock units vest according to the underlying award,receive dividend equivalent stock units and convert to common shares upon vesting.
Key Figures
RSUs granted: 3.8678 restricted stock units
RSUs after transaction: 1,047.3010 restricted stock units
Conversion ratio: 1-for-1 into common shares
+1 more
4 metrics
RSUs granted
3.8678 restricted stock units
Dividend-equivalent grant on 2026-06-12
RSUs after transaction
1,047.3010 restricted stock units
Direct holdings after grant
Conversion ratio
1-for-1 into common shares
Restricted stock units to common shares
Underlying common shares
3.8678 common shares
Linked to new RSU grant
Key Terms
Restricted Stock Units, dividend equivalents, convert to common shares, vesting
4 terms
Restricted Stock Units financial
"security_title: Restricted Stock Units"
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.
dividend equivalents financial
"Restricted stock units issued as dividend equivalents on occurrence of payment"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
vesting financial
"the restricted stock units vest according to the underlying award"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TE Connectivity (TEL) report for Malavika Sagar?
TE Connectivity reported that SVP and Chief Human Resources Officer Malavika Sagar received 3.8678 restricted stock units as a dividend-equivalent grant. These units are linked to an existing award and will convert into common shares when the underlying restricted stock units vest.
How many restricted stock units does Malavika Sagar hold after this Form 4 for TEL?
After this transaction, Malavika Sagar holds 1,047.3010 restricted stock units directly. The new 3.8678 units were issued as dividend equivalents and follow the same vesting and conversion terms as her existing restricted stock unit award at TE Connectivity.
What does a 1-for-1 conversion of restricted stock units mean for TEL insiders?
A 1-for-1 conversion means each restricted stock unit becomes one TE Connectivity common share upon vesting. For Malavika Sagar, her 3.8678 new units will convert into an equal number of common shares when the related award vests, assuming vesting conditions are satisfied.
Why did TE Connectivity issue 3.8678 restricted stock units as dividend equivalents?
The 3.8678 restricted stock units were issued as dividend equivalents when TE Connectivity paid dividends to its shareholders. Instead of cash, these dividend equivalents are credited as additional stock units tied to the existing restricted stock unit award and share its vesting terms.
Do the new TEL restricted stock units for Malavika Sagar vest immediately?
The new restricted stock units do not vest immediately. They vest according to the schedule of the underlying restricted stock unit award, receive additional dividend-equivalent stock units over time, and convert into TE Connectivity common shares only upon vesting under those existing terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
