TE Connectivity (TEL) SVP Reuben Shaffer receives dividend-equivalent RSU grant

Rhea-AI Filing Summary

TE Connectivity plc reported that SVP and Corporate Controller Reuben M. Shaffer received a grant of 5.2644 restricted stock units on June 12, 2026. These units were issued as dividend equivalents in connection with dividend payments to shareholders.

The restricted stock units convert into common shares on a 1-for-1 basis upon vesting and follow the vesting schedule of the underlying award, including receiving additional dividend equivalent stock units. Following this award, Shaffer directly holds a total of 1,425.1551 restricted stock units.

Insights

Equity compensation analyst

Routine, small RSU dividend-equivalent grant with limited signaling impact.

The filing shows Reuben M. Shaffer, SVP and Corporate Controller of TE Connectivity, receiving 5.2644 restricted stock units as dividend equivalents tied to an existing equity award. This is compensation-related rather than an open-market transaction.

The units vest according to the underlying award and convert into common shares on a 1-for-1 basis, while also accumulating future dividend equivalent units. After this grant, Shaffer holds 1,425.1551 restricted stock units. Given the small size and non-market nature, this appears to be a routine administrative update.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SHAFFER REUBEN M.

Role SVP and Corporate Controller

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	5.264	$0.00	--

Holdings After Transaction: Restricted Stock Units — 1,425.155 shares (Direct, null)

Footnotes (1)

1. Conversion is 1-for-1. Restricted stock units issued as dividend equivalents on occurrence of payment to Issuer's shareholders. Subject to acceleration upon certain events, the restricted stock units vest according to the underlying award, receive dividend equivalent stock units and convert to common shares upon vesting.

Key Figures

RSU grant: 5.2644 units RSU holdings after grant: 1,425.1551 units Conversion ratio: 1-for-1 +2 more

5 metrics

RSU grant 5.2644 units Restricted stock units granted on June 12, 2026

RSU holdings after grant 1,425.1551 units Total restricted stock units directly held after transaction

Conversion ratio 1-for-1 Each restricted stock unit converts into one common share upon vesting

Grant price per unit $0.0000 Stated transaction price per restricted stock unit

Transaction date June 12, 2026 Date of RSU dividend-equivalent grant

Key Terms

Restricted Stock Units, dividend equivalents, vest, convert to common shares

4 terms

Restricted Stock Units financial

"security_title: Restricted Stock Units"

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.

dividend equivalents financial

"Restricted stock units issued as dividend equivalents on occurrence of payment"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

vest financial

"the restricted stock units vest according to the underlying award"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

convert to common shares financial

"and convert to common shares upon vesting"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SHAFFER REUBEN M.

(Last) (First) (Middle)

680 E. SWEDESFORD ROAD

(Street)

WAYNE PENNSYLVANIA 19087

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TE Connectivity plc [ TEL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and Corporate Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.0000(1)	06/12/2026		A(2)		5.2644		(2)	(2)	Common Shares	5.2644	$0.0000	1,425.1551	D

Explanation of Responses:

1. Conversion is 1-for-1.

2. Restricted stock units issued as dividend equivalents on occurrence of payment to Issuer's shareholders. Subject to acceleration upon certain events, the restricted stock units vest according to the underlying award, receive dividend equivalent stock units and convert to common shares upon vesting.

	Harold G. Barksdale, attorney-in-fact	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TE Connectivity (TEL) report for Reuben M. Shaffer?

TE Connectivity reported that SVP and Corporate Controller Reuben M. Shaffer received 5.2644 restricted stock units as a grant on June 12, 2026. These units were issued as dividend equivalents tied to existing equity awards, not through an open-market purchase or sale.

How many restricted stock units does Reuben M. Shaffer hold after this Form 4?

After this transaction, Reuben M. Shaffer directly holds 1,425.1551 restricted stock units in TE Connectivity. This total includes the 5.2644 units granted as dividend equivalents, which follow the vesting schedule of the underlying equity award and convert into common shares upon vesting.

What are the key terms of the restricted stock units granted to TEL executive Reuben M. Shaffer?

The restricted stock units granted to Reuben M. Shaffer convert into TE Connectivity common shares at a 1-for-1 ratio upon vesting. They were issued as dividend equivalents, vest according to the underlying award’s schedule, receive additional dividend equivalent stock units, and have a stated price of $0.0000 per unit.

Was the TE Connectivity (TEL) Form 4 transaction a market buy or sell of shares?

No, the Form 4 does not report a market buy or sell. It shows an acquisition of 5.2644 restricted stock units by Reuben M. Shaffer as a grant or award, categorized as derivative equity compensation rather than an open-market transaction involving cash consideration.

How do the dividend equivalent restricted stock units for TEL’s Reuben M. Shaffer work?

The dividend equivalent restricted stock units are issued when TE Connectivity pays dividends to shareholders. They vest on the same schedule as the underlying award, receive additional dividend equivalent stock units over time, and convert into common shares on a 1-for-1 basis once vesting conditions are met.