TE Connectivity SVP granted 5.24 stock units
SVP and corporate controller Reuben M. Shaffer received a small dividend-equivalent restricted stock unit award that vests with his existing equity grant.
Rhea-AI Filing Summary
TE Connectivity plc (TEL) reported that senior vice president and corporate controller Reuben M. Shaffer received an award of 5.2444 restricted stock units on September 11, 2026. Each unit converts into one common share and was issued as a dividend equivalent tied to payments made to shareholders, vesting on the same schedule as the underlying award and converting into common shares upon vesting. After this award, Shaffer holds a reported total of 1,430.3995 restricted stock units directly, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 5.2444 | $0.00 | $0.00 |
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
Key Terms
Restricted stock units financial
dividend equivalents financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TE Connectivity (TEL) report for Reuben M. Shaffer?
How many restricted stock units does the TE Connectivity (TEL) officer hold after this Form 4?
What are the terms of the restricted stock units reported by TE Connectivity (TEL)?
Were the TE Connectivity (TEL) insider transactions under a Rule 10b5-1 trading plan?
Does the TE Connectivity (TEL) insider transaction involve a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.