TE Connectivity SVP granted dividend stock units
A TE Connectivity senior executive received a small dividend-equivalent RSU grant that modestly increases her equity-based compensation holdings.
Rhea-AI Filing Summary
TE Connectivity plc (TEL) reported that officer Malavika Sagar, Senior Vice President and Chief Human Resources Officer, received an automatic grant of 3.8532 Restricted Stock Units on September 11, 2026 as dividend equivalents. Each unit converts 1-for-1 into common shares and now totals 1051.1542 RSUs held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3.8532 shares
Grant/Award
1 txn
Insider
SAGAR MALAVIKA
Role
SVP, Chief Human Resources Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 3.8532 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,051.1542 contracts (Direct)
Footnotes (2)
- F1. Conversion is 1-for-1.
- F2. 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
RSUs granted: 3.8532 Restricted Stock Units
RSUs held after transaction: 1051.1542 Restricted Stock Units
Conversion ratio: 1 RSU for 1 common share
+2 more
5 metrics
RSUs granted
3.8532 Restricted Stock Units
Dividend-equivalent RSUs granted on September 11, 2026
RSUs held after transaction
1051.1542 Restricted Stock Units
Total direct RSU holdings after the September 11, 2026 grant
Conversion ratio
1 RSU for 1 common share
Each Restricted Stock Unit converts 1-for-1 into common shares
Transaction price per RSU
$0.0000 per unit
Reported transaction price for the dividend-equivalent RSU grant
Underlying common shares
3.8532 common shares
Underlying common shares for the 3.8532 RSUs granted
Key Terms
Restricted Stock Units, dividend equivalents, vest, convert to common shares
4 terms
Restricted Stock Units financial
"Restricted stock units issued as dividend equivalents on occurrence of payment"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TE Connectivity (TEL) report for Malavika Sagar?
The company reported that Malavika Sagar received a grant of 3.8532 Restricted Stock Units on September 11, 2026, issued as dividend equivalents tied to payments to TE Connectivity shareholders.
What is Malavika Sagar’s role at TE Connectivity (TEL)?
Malavika Sagar is reported as an officer of TE Connectivity, holding the title SVP, Chief Human Resources Officer.
How many Restricted Stock Units does the insider hold after this TE Connectivity (TEL) transaction?
After the transaction, Malavika Sagar directly holds a total of 1051.1542 Restricted Stock Units, each eligible to convert into common shares upon vesting.
What are the terms of the newly granted RSUs at TE Connectivity (TEL)?
The 3.8532 RSUs are issued as dividend equivalents, convert into common shares on a 1-for-1 basis, vest according to the underlying award, and receive dividend equivalent stock units until they convert upon vesting.
Was the TE Connectivity (TEL) insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with this RSU grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.