TE Connectivity HR chief granted new RSUs
TE Connectivity SVP and Chief Human Resources Officer Malavika Sagar received a routine stock-based compensation grant.
Rhea-AI Filing Summary
TE Connectivity SVP and Chief Human Resources Officer Malavika Sagar received a routine stock-based compensation grant. On the reported date, she was awarded 7.4024 restricted stock units as dividend equivalents, with each unit convertible into one common share.
These restricted stock units vest on the same schedule as the underlying equity award, continue to earn dividend-equivalent stock units, and convert into common shares upon vesting. Following this grant, her directly held restricted stock unit balance reported in this filing increased to 2,086.4332 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7.4024 | $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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TE Connectivity (TEL) report for Malavika Sagar?
Was the TE Connectivity (TEL) Form 4 transaction a market buy or sell?
How do Malavika Sagar’s new restricted stock units at TE Connectivity (TEL) work?
What is Malavika Sagar’s restricted stock unit balance after this TE Connectivity (TEL) filing?
What does the dividend equivalent feature mean for TE Connectivity (TEL) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.