Kroeger Shadrak W 4
4 · TE Connectivity plc · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
TE Connectivity (TEL) Pres. Shadrak W. Kroeger Exercises Options, Sells Shares
What Happened
- Shadrak W. Kroeger, President, Industrial Solutions at TE Connectivity, exercised 9,400 stock options on Feb 13, 2026 at $93.63 per share (total exercise cost $880,122) and sold the resulting 9,400 shares the same day in multiple open-market transactions for aggregate proceeds of approximately $2,197,946. Net proceeds after the exercise cost were roughly $1.32M. This is an exercise (M) followed by sales (S) — commonly a cashless exercise and immediate disposition rather than a new buy.
Key Details
- Transaction date: February 13, 2026 (Form 4 filed Feb 17, 2026 — timely)
- Exercise: 9,400 shares at $93.63 each; cost = $880,122 (code M)
- Sales: 9,400 shares sold in multiple tranches; total proceeds ≈ $2,197,946 (codes S)
- Reported sale price ranges by tranche: roughly $224.62 to $237.14 per share (weighted averages and per-trade ranges cited in filing footnotes)
- Footnotes: one sale was executed under a Rule 10b5-1 trading plan adopted Nov 14, 2025 (F1); option vesting/exercise schedule noted in filing (F12)
- Shares owned after the transactions: not specified in the provided filing excerpt
Context
- This sequence (exercise + same-day sales) is typical of a cashless exercise where an insider converts options to shares and sells them, often to cover exercise cost, taxes, or to diversify — it is an exercised-option sale, not an open-market purchase. Transaction codes: M = option exercise/conversion, S = sale. The presence of a 10b5-1 plan for at least one tranche indicates at least some sales were preplanned.
Insider Transaction Report
Form 4
Kroeger Shadrak W
Pres., Industrial Solutions
Transactions
- Exercise/Conversion
Common Shares
[F1]2026-02-13$93.63/sh+9,400$880,122→ 41,941.14 total - Sale
Common Shares
[F1][F2]2026-02-13$229.14/sh−200$45,827→ 41,741.14 total - Sale
Common Shares
[F1][F3]2026-02-13$226.25/sh−200$45,250→ 41,541.14 total - Sale
Common Shares
[F1][F4]2026-02-13$230.58/sh−300$69,175→ 41,241.14 total - Sale
Common Shares
[F1][F5]2026-02-13$227.36/sh−300$68,208→ 40,941.14 total - Sale
Common Shares
[F1][F6]2026-02-13$224.87/sh−300$67,462→ 40,641.14 total - Sale
Common Shares
[F1][F7]2026-02-13$231.78/sh−500$115,889→ 40,141.14 total - Sale
Common Shares
[F1][F8]2026-02-13$236.96/sh−700$165,870→ 39,441.14 total - Sale
Common Shares
[F1][F9]2026-02-13$236.29/sh−900$212,662→ 38,541.14 total - Sale
Common Shares
[F1][F10]2026-02-13$235.03/sh−2,797$657,389→ 35,744.14 total - Sale
Common Shares
[F1][F11]2026-02-13$234.22/sh−3,203$750,214→ 32,541.14 total - Exercise/Conversion
Stock Option (Right to Buy)
[F1][F12]2026-02-13−9,400→ 37,600 totalExercise: $93.63Exp: 2029-11-11→ Common Shares (9,400 underlying)
Footnotes (12)
- [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 14, 2025.
- [F10]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $234.64 to $235.61 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F11]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $233.64 to $234.60 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F12]Options are exercisable in four equal installments on each of the first, second, third and fourth anniversary of November 15, 2019.
- [F2]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $228.70 to $229.64 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F3]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $226.03 to $226.47 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F4]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $230.25 to $231.18 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F5]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $227.22 to $227.43 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F6]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $224.62 to $225.00 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F7]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $231.31 to $232.09 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F8]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $236.78 to $237.14 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F9]The reported price is the weighted average price for the transactions on February 13, 2026. The range of prices for the transactions is from $235.76 to $236.72 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Signature
Harold G. Barksdale, attorney-in-fact|2026-02-17