TE Connectivity (TEL) executive exercises options, sells 9,400 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TE Connectivity executive Shadrak W. Kroeger, President of Industrial Solutions, exercised stock options and sold the resulting shares. He exercised options for 9,400 common shares at $93.63 per share, then sold 9,400 common shares in an open‑market sale at $215.00 per share. After these transactions, he directly owned 25,976 common shares. The sale was carried out under a pre‑arranged Rule 10b5‑1 trading plan adopted on November 14, 2025, indicating the trades were scheduled in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,400 shares ($2,021,000)
Net Sell
3 txns
Insider
Kroeger Shadrak W
Role
Pres., Industrial Solutions
Sold
9,400 shs ($2.02M)
| 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 |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Shares — 35,376 shares (Direct, null)
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.
Key Figures
Shares sold: 9,400 shares
Sale price: $215.00 per share
Options exercised: 9,400 shares
+5 more
8 metrics
Shares sold
9,400 shares
Common shares sold in open-market transaction on June 1, 2026
Sale price
$215.00 per share
Price for 9,400 common shares sold
Options exercised
9,400 shares
Common shares acquired via option exercise on June 1, 2026
Option exercise price
$93.63 per share
Conversion or exercise price of exercised stock option
Holdings after transactions
25,976 shares
Direct common share ownership after June 1, 2026 trades
Net share change
-9,400 shares
Net buy/sell shares reported in transaction summary
Option expiration
November 11, 2029
Expiration date of the exercised 9,400-share stock option grant
10b5-1 plan adoption date
November 14, 2025
Date Kroeger adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, Stock Option (Right to Buy), derivative security, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) … underlying security title Common Shares"
derivative security financial
"transaction_code_description Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open-market sale financial
"transaction_action open-market sale … transaction_code_description Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
