TE Connectivity (TEL) SVP nets shares from RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TE Connectivity SVP Malavika Sagar reported routine equity compensation activity. On May 15, 2026, Restricted Stock Units vested and were settled into 1,043 Common Shares, reflecting an exercise or conversion of a derivative award.
To cover tax obligations, 297.16 Common Shares were withheld at a price of $203.145 per share, a non-market tax-withholding disposition. Following these transactions, Sagar directly holds 6,797.62 Common Shares and 1,043.4332 Restricted Stock Units, indicating this was primarily a compensation-related exercise-and-hold event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,043 shares exercised/converted
Mixed
3 txns
Insider
SAGAR MALAVIKA
Role
SVP, Chief Human Resources Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,043 | $0.00 | -- |
| Exercise | Common Shares | 1,043 | $0.00 | -- |
| Tax Withholding | Common Shares | 297.16 | $203.145 | $60K |
Holdings After Transaction:
Restricted Stock Units — 1,043.433 shares (Direct, null);
Common Shares — 6,797.62 shares (Direct, null)
Footnotes (1)
- Settlement of Restricted Stock Units upon vesting for an equivalent number of Common Shares of the Issuer. Not Applicable Date exercisable - May 15, 2026
Key Figures
RSUs settled: 1,043 shares
Shares withheld for taxes: 297.16 shares
Tax withholding price: $203.145 per share
+2 more
5 metrics
RSUs settled
1,043 shares
Restricted Stock Units converted to Common Shares on May 15, 2026
Shares withheld for taxes
297.16 shares
Tax-withholding disposition at $203.145 per share
Tax withholding price
$203.145 per share
Price applied to 297.16 Common Shares withheld
Common Shares held after
6,797.62 shares
Direct ownership after reported transactions
RSUs remaining
1,043.4332 units
Restricted Stock Units outstanding after derivative transaction
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, Common Shares
4 terms
Restricted Stock Units financial
"Settlement of Restricted Stock Units upon vesting for an equivalent number of Common Shares"
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 297.1600 Common Shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did TE Connectivity (TEL) report for Malavika Sagar?
TE Connectivity reported that SVP Malavika Sagar had Restricted Stock Units vest into 1,043 Common Shares and 297.16 shares withheld for taxes. These are compensation-related events, not open-market buying or selling, and adjust her equity position through routine award settlement.
What are Malavika Sagar’s TE Connectivity holdings after these transactions?
After these transactions, the Form 4 reports that Malavika Sagar directly holds 6,797.62 Common Shares of TE Connectivity and 1,043.4332 Restricted Stock Units. This indicates she retains a meaningful equity stake through both owned shares and remaining unvested or unsettled RSUs.
Are the TE Connectivity Form 4 transactions for Malavika Sagar market purchases or sales?
The reported transactions are not market trades. They show Restricted Stock Units converting into 1,043 Common Shares and 297.16 shares withheld to cover taxes. There are no open-market purchase (P) or sale (S) codes; activity is strictly related to equity award vesting and tax settlement.