TELEDYNE TECHNOLOGIES INC·4

Apr 23, 7:27 PM ET

LORNE SIMON M 4

Research Summary

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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.