LORNE SIMON M 4
4 · TELEDYNE TECHNOLOGIES INC · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
Teledyne (TDY) Director Lorne M. Simon Receives 319 RSU Award
What Happened
Lorne M. Simon, a director of Teledyne Technologies (TDY), received a grant of 319 restricted stock units (RSUs) on 2026-04-22. The RSUs were issued at $0.00 purchase price (award code A); using a per-share price of $656.69 the grant is worth about $209,484. RSUs represent a contingent right to one share each and vest one year from the grant date.
Key Details
- Transaction date: 2026-04-22; Form filed 2026-04-23 (timely filing).
- Transaction type/code: Award/Grant (A). Price reported: $0.00; valuation basis: $656.69/share (footnote F2).
- Shares/units granted: 319 RSUs; implied market value ≈ $209,484.
- Holdings reported: Reporting person holds 62,232 shares directly (this figure includes 3,699 RSUs per footnote F3); the 319-RSU grant is additional.
- Vesting/delivery: Units vest one year from grant; shares will be delivered after vesting unless the director elects to defer delivery (footnote F1).
- No 10b5-1 plan, tax-withholding, or sale involved in this filing.
Context
This is an equity award to a non-employee director, not an open-market purchase or sale. RSU grants are common compensation for directors and do not by themselves indicate buying or selling intent. The economic value shown uses the company's per-share price to quantify the grant but the director did not pay for the shares at grant.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-04-22+319→ 62,232 total
Footnotes (3)
- [F1]Represents Restricted Stock Units issued to the Reporting Person under the Administrative Rules of the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan Related to Non-Employee Director Restricted Stock Unit Awards and Fees. Each Restricted Stock Unit represents a contingent right to receive one share of Teledyne Common Stock. Units vest one year from the date of grant. Shares of common stock will be delivered to the Reporting Person following the vesting date, unless the Reporting Person has made an election to defer delivery of shares until separation from Board service.
- [F2]In determining the number of units the price of $656.69 was used.
- [F3]Reporting person holds 62,232 shares directly. Shares held directly include 3,699 Restricted Stock Units.