MEHRABIAN ROBERT 4

What Happened

Robert Mehrabian, Executive Chairman and Director of Teledyne Technologies (TDY), had a total of 2,980 shares forfeited/withheld on January 24, 2026 in connection with the vesting of a restricted stock award program. The filing shows two dispositions to the issuer: 1,350 shares (Disposition code D) and 1,630 shares used to satisfy tax withholding (code F). All transactions were recorded at $0.00 per share, yielding no cash proceeds.

Key Details

• Transaction dates: 2026-01-24; Form 4 filed 2026-01-27.
• Shares involved: 1,350 (D) + 1,630 (F) = 2,980 total shares.
• Reported price/value: $0.00 per share; $0 total proceeds (shares withheld/forfeited).
• Reported holdings: Footnote states 127,173 shares held indirectly by The Mehrabian Living Trust (does not include 13,780 Restricted Stock Units).
• Footnotes: F1 = shares forfeited upon vesting of the 2023–2025 Restricted Stock Award Program; F2 = shares automatically withheld for tax withholding; F3 = details on shares held indirectly via trust.
• No indication in the filing that this was a market sale or a purchase.

Context

This was a routine corporate action tied to restricted stock vesting, not an open-market sale or a purchase. Shares were withheld/forfeited to satisfy tax obligations—common practice that does not necessarily signal insider sentiment about the stock. Retail investors typically view withholding/forfeiture on vesting as administrative rather than a trade-based signal.