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TEL Insider Filing: Reuben Shaffer Granted 14 RSUs Converted 1-for-1

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Reuben M. Shaffer, SVP and Corporate Controller of TE Connectivity plc (TEL), received 14 restricted stock units (RSUs) that convert 1-for-1 into common shares. The RSUs were recorded with a transaction date of 09/12/2025 and were issued as dividend equivalents tied to the issuer's shareholder payments. The filing states the RSUs vest according to the underlying award, receive dividend-equivalent stock units, and convert to common shares upon vesting. After this transaction, Mr. Shaffer beneficially owns 3,965 common shares directly. The Form 4 was signed by an attorney-in-fact on 09/15/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider grant of a small number of RSUs recorded as dividend equivalents; compliance disclosure appears complete.

The Form 4 documents a standard issuance of 14 restricted stock units to an executive as dividend equivalents with a 1-for-1 conversion to common shares upon vesting. This is a non-cash compensation-related grant rather than a market purchase or sale, and the filing identifies the reporting person, relationship to the issuer, transaction date (09/12/2025), and resulting beneficial ownership (3,965 shares). There are no indications in the filing of sales, transfers, or unusual arrangements that would raise immediate compliance concerns.

TL;DR: Small dividend-equivalent RSU grant consistent with ongoing executive compensation programs; immaterial to capitalization.

The disclosure describes RSUs issued as dividend equivalents that vest per the underlying award and convert 1-for-1 to common shares. The quantity (14 RSUs) is nominal relative to typical executive equity awards and the company’s outstanding shares, indicating no material dilution or change in control implications. The description of acceleration upon certain events is standard language; the filing does not provide further vesting timelines or award grant date beyond the transaction date stated.

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)
1050 WESTLAKES DRIVE

(Street)
BERWYN PA 19312

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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) 09/12/2025 A(2) 14 (2) (2) Common Shares 14 $0.0000 3,965 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 09/15/2025
** 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.

FAQ

What insider transaction did Reuben M. Shaffer (TEL) report on Form 4?

The Form 4 reports receipt of 14 restricted stock units (RSUs) recorded on 09/12/2025 issued as dividend equivalents that convert 1-for-1 into common shares upon vesting.

How many TEL shares does Reuben M. Shaffer beneficially own after the transaction?

The filing states he beneficially owns 3,965 common shares following the reported transaction.

Were the RSUs acquired or sold in a market transaction?

The RSUs were acquired as dividend equivalents (non-market compensation issuance), not purchased or sold on the market.

When was the Form 4 signed and filed?

The signature block shows the filing was signed by an attorney-in-fact on 09/15/2025, with the underlying transaction dated 09/12/2025.

Do the RSUs have any special conversion or vesting features disclosed?

The filing states the RSUs convert 1-for-1 to common shares, vest according to the underlying award, receive dividend-equivalent units, and are subject to acceleration upon certain events.
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