4Filed Aug 11, 8:00 PM ET
Teledyne Technologies (TDY) Director Lorne Simon Sells Shares
$TDY · TELEDYNE TECHNOLOGIES INCResearch Summary
AI-generated summary of this SEC filing
Teledyne Technologies (TDY) Director Lorne Simon Sells Shares
What Happened
Lorne Simon, a director at Teledyne Technologies (TDY), sold a total of 6,449 shares in open-market transactions on August 12, 2026, generating approximately $4,387,533 in proceeds. The disposals were reported as four blocks: 3,451 shares at a weighted average of $679.74 ($2,345,772); 2,000 shares at $680.18 ($1,360,355); 40 shares at $681.79 ($27,272); and 958 shares at $682.81 ($654,134). All transactions are sales (code S) — typically routine liquidity events rather than purchases that might indicate a bullish signal.
Key Details
- Transaction date: August 12, 2026 (all sales). Report filed same day (timely).
- Prices/ranges: reported weighted averages shown above. Footnotes state the trades were executed in multiple fills with price ranges of:
- F1: $679.42–$679.94 (for the 3,451-share block)
- F2: $680.05–$680.93 (for the 2,000-share block)
- F3: $681.61–$681.975 (for the 40-share block)
- F4: $682.085–$682.875 (for the 958-share block)
The filer offers to provide full per-trade details on request.
- Proceeds: about $4.39 million total.
- Ownership reported: filing notes shares held directly include 3,699 restricted stock units (RSUs) as of August 12, 2026 (no full post-sale total shares reported in the data provided).
- Filing notes: No 10b5-1 plan, option exercise, gift, or tax-withholding event is disclosed in the filing; transaction code = S (sale).
Context
- Sales by directors are common for liquidity, tax or diversification reasons and do not by themselves indicate company performance or insider sentiment. Purchases are generally more informative about insider confidence.
- Footnotes indicate these sales were executed in multiple trades and reported as weighted-average prices; the filer will provide detailed trade-level prices if requested by the SEC, issuer, or shareholders.