TE Connectivity (TEL) executive exercises options, sells 9,400 shares under 10b5-1 plan
Rhea-AI Filing Summary
TE Connectivity plc executive Shadrak W. Kroeger reported option exercises and share sales. On May 6, 2026, he exercised options to acquire 9,400 Common Shares at $93.63 per share, then sold 9,400 Common Shares in an open-market transaction at $215.00 per share.
After these transactions, Kroeger directly held 25,976 Common Shares. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan, indicating the trades were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insights
Pre-planned exercise-and-sell by TE Connectivity executive, with a moderate net reduction in holdings.
Shadrak W. Kroeger, Pres., Industrial Solutions at TE Connectivity, exercised options for 9,400 Common Shares at an exercise price of $93.63 and sold 9,400 shares at $215.00 on May 6, 2026. This is a classic exercise-and-sell pattern.
Because the derivativeSummary is empty, the options tied to this transaction appear fully exercised in this filing. Following the sale, Kroeger directly holds 25,976 Common Shares, so the net effect is a reduction from 35,376 to 25,976 shares, a notable but not dominating trim of his equity position.
A key detail is that the sale was made under a Rule 10b5-1 trading plan adopted on November 14, 2025. Such plans pre-schedule trades, making the timing less informative about Kroeger’s short-term view of TE Connectivity’s share price and more indicative of routine liquidity and compensation management.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 9,400 | $0.00 | -- |
| Exercise | Common Shares | 9,400 | $93.63 | $880K |
| Sale | Common Shares | 9,400 | $215.00 | $2.02M |
Footnotes (1)
- This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025. Options are exercisable in four equal installments on each of the first, second, third and fourth anniversary of November 15, 2019.