VON SCHACK WESLEY W 4
Research Summary
AI-generated summary
Teledyne (TDY) Director Wesley von Schack Receives 319-Share RSU Award
What Happened Wesley W. von Schack, a director of Teledyne Technologies (TDY), received a grant of 319 Restricted Stock Units (RSUs) on 2026-04-22. The filing reports an acquisition price of $0.00 (award), and the company used a per-unit value of $656.69 to determine unit count — implying an aggregate value of about $209,484. The RSUs vest one year from the grant date; shares will be delivered after vesting unless von Schack has elected to defer delivery until he leaves board service.
Key Details
- Transaction date: 2026-04-22; Form 4 filed: 2026-04-23 (timely).
- Transaction type/code: Award/Grant (A); 319 RSUs granted @ $0.00.
- Valuation used: $656.69 per unit (F2), total ≈ $209,484.
- Holdings after transaction (per filing): 3,435 shares held directly (this total includes 2,967 RSUs), plus 7,235 shares in the von Schack Revocable Trust and 700 shares in the Wesley von Schack Revocable Trust (F3).
- Notable footnotes:
- F1: These are non-employee director RSUs under the company’s 2014 Incentive Award Plan; each unit converts to one share at vesting, unless deferred.
- F2: $656.69 used to determine the number of units.
- F3: Breakdown of other holdings and that direct holdings include existing RSUs.
- Filing status: Not indicated as late; filed the business day after the grant.
Context RSU grants are a form of compensation for board members and do not represent an active market purchase or sale by the insider. They vest over time (here, one year), at which point the insider receives shares unless a deferral election applies. Such awards are routine compensation-related disclosures rather than direct signals of buy/sell intent.