TE Connectivity plc (TEL) officer awarded dividend-equivalent stock units
Rhea-AI Filing Summary
TE Connectivity plc disclosed a small insider equity award for its SVP and Corporate Controller. On 12/12/2025, this officer acquired 4.3511 restricted stock units as dividend equivalents issued when payments were made to shareholders. These units convert into common shares on a 1-for-1 basis upon vesting. Following this transaction, the officer beneficially owns 1,414.8532 restricted stock units, held directly.
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FAQ
What insider transaction did TE Connectivity (TEL) report in this filing?
TE Connectivity reported that its SVP and Corporate Controller acquired 4.3511 restricted stock units on 12/12/2025 as dividend equivalents tied to payments to shareholders.
How many restricted stock units does the TE Connectivity officer own after the transaction?
After the reported transaction, the officer beneficially owns 1,414.8532 restricted stock units, all held directly.
What is the conversion rate of the TE Connectivity restricted stock units reported here?
The filing states that the restricted stock units convert into common shares on a 1-for-1 basis upon vesting.
Why were these TE Connectivity (TEL) restricted stock units granted?
The restricted stock units were issued as dividend equivalents, triggered by the occurrence of payments to TE Connectivity’s shareholders, and they vest according to the underlying award.
What is the role of the reporting person in TE Connectivity (TEL)?
The reporting person is an officer of TE Connectivity, serving as SVP and Corporate Controller.
Are the TE Connectivity restricted stock units subject to vesting conditions?
Yes. The filing notes that the restricted stock units are subject to acceleration upon certain events, vest according to the underlying award, receive dividend equivalent stock units, and convert to common shares upon vesting.