SMITH MICHAEL T 4
4 · TELEDYNE TECHNOLOGIES INC · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Teledyne (TDY) Director Michael T. Smith Sells 4,000 Shares
What Happened Michael T. Smith, a director of Teledyne Technologies (TDY), sold a total of 4,000 shares in two open-market transactions: 1,531 shares on Jan 28, 2026 for $621.00 each (proceeds $950,751) and 2,469 shares on Jan 29, 2026 for $621.00 each (proceeds $1,533,249). Total gross proceeds were approximately $2,484,000. These were sales (not purchases), which are often routine liquidity events by insiders.
Key Details
- Transaction dates & prices: Jan 28, 2026 — 1,531 shares at $621.00; Jan 29, 2026 — 2,469 shares at $621.00.
- Total shares sold: 4,000; total proceeds: ~$2,484,000.
- Reported holdings: Reporting person holds 47,128 shares directly after the transactions; an additional 200 shares are owned by Mr. Smith's wife (beneficial ownership disclaimed). Direct holdings include 468 Restricted Stock Units (per footnote).
- Filing/timeliness: Form 4 filed on Jan 29, 2026; filing appears timely (Form 4 must generally be filed within two business days).
- No 10b5-1 plan or other sale program was disclosed in the filing.
Context This filing documents open-market sales by a company director. Sales do not necessarily signal negative views—insiders sell for many personal or diversification reasons. For retail investors, purchases tend to be more informative about insider confidence; this report documents liquidity rather than a new position.
Insider Transaction Report
- Sale
Common Stock
2026-01-28$621.00/sh−1,531$950,751→ 49,797 total - Sale
Common Stock
[F1]2026-01-29$621.00/sh−2,469$1,533,249→ 47,328 total
Footnotes (1)
- [F1]Reporting Person holds 47,128 shares directly and 200 shares owned by Mr. Smith's wife, beneficial ownership of which is disclaimed. Shares held directly include 468 Restricted Stock Units.