TE Connectivity CEO Reports Share Vesting and Tax Withholding
TE Connectivity plc reported an insider share transaction by its Chief Executive Officer and Director on December 16, 2025.
Rhea-AI Filing Summary
TE Connectivity plc reported an insider share transaction by its Chief Executive Officer and Director on December 16, 2025. The CEO acquired 73,676 common shares at $0.0000 per share when a previously granted performance-based stock unit award and related dividend equivalents vested after their three-year performance cycle and automatically settled in common shares.
On the same date, 32,041.7 common shares were disposed of at $228.98 per share in a transaction coded “F,” reflecting shares withheld to cover taxes, leaving 120,576.53 common shares held directly. An additional 40,000 common shares are reported as held indirectly through family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 73,676 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 32,041.7 | $228.98 | $7.34M |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- F1. As a result of the certification of the performance results for the three-year performance cycle, the performance conditions of a performance based stock unit award ("PSU") previously granted to the Reporting Person were satisfied on December 16, 2025, and such PSU and dividend equivalent units thereon vested and automatically settled for an equivalent number of common shares of the Issuer on such date.
FAQ
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What type of equity award vested for the TE Connectivity CEO?
The filing explains that a performance-based stock unit award (PSU) for a three-year performance cycle vested on December 16, 2025, and the PSU and its dividend equivalent units automatically settled into an equivalent number of TE Connectivity common shares.
What is the CEO’s relationship to TE Connectivity as reported in this Form 4?
The reporting person is identified as both a Director and an Officer, serving as Chief Exec. Officer & Director of TE Connectivity plc.
AI-generated analysis. How Rhea-AI works. Not financial advice.