TE Connectivity (TEL) exec exercises options, sells 9,400 shares under plan
Rhea-AI Filing Summary
TE Connectivity plc executive Shadrak W. Kroeger exercised stock options and sold shares in a planned transaction. On April 8, 2026, he exercised options to acquire 9,400 Common Shares at $93.63 per share, converting derivative holdings into stock.
That same day, he sold a total of 9,400 Common Shares in open-market transactions at weighted average prices of $223.72 and $222.85 per share, pursuant to a Rule 10b5-1 trading plan adopted on November 14, 2025. After these transactions, he directly holds 25,976 Common Shares.
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Insights
Executive exercised options then sold the resulting shares under a pre-planned Rule 10b5-1 program.
Pres., Industrial Solutions Shadrak W. Kroeger exercised stock options for 9,400 Common Shares at an exercise price of $93.63 per share, then sold 9,400 shares in open-market trades around $223 per share. This is a classic exercise-and-sell pattern converting option value into cash.
The filing shows two sale blocks of 4,470 and 4,930 shares at weighted average prices of $223.7221 and $222.8471, respectively, executed pursuant to a Rule 10b5-1 trading plan adopted on November 14, 2025. Such plans are pre-arranged, which typically makes the timing less informative about management’s current view.
After the transactions, Kroeger directly owns 25,976 Common Shares. With 100% of the 9,400 exercised option shares sold and no remaining derivatives listed, this appears to be a liquidity event tied to a maturing option grant that was exercisable in four annual installments from November 15, 2019. The overall pattern looks routine rather than thesis-changing.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 9,400 | $93.63 | $880K |
| Exercise | Common Shares | 9,400 | $223.2632 | $2.10M |
| Sale | Common Shares | 4,470 | $223.7221 | $1.00M |
| Sale | Common Shares | 4,930 | $222.8471 | $1.10M |
Footnotes (4)
- F1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025.
- F2. The reported price is the weighted average price for the transactions on April 8, 2026. The range of prices for the transactions is from $223.3150 to $223.86 per share. Information regarding the number of shares sold ateach separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F3. The reported price is the weighted average price for the transactions on April 8, 2026. The range of prices for the transactions is from $222.22 to $223.21 per share. Information regarding the number of shares sold ateach separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F4. Options are exercisable in four equal installments on each of the first, second, third and fourth anniversary of November 15, 2019.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Stock Option (Right to Buy financial
weighted average price financial
open-market sale financial
AI-generated analysis. How Rhea-AI works. Not financial advice.