SHAFFER REUBEN M. 4
Research Summary
AI-generated summary
TE Connectivity (TEL) SVP Reuben Shaffer Sells Shares
What Happened
- Reuben M. Shaffer, SVP and Corporate Controller of TE Connectivity plc (TEL), sold 1,425.35 shares on February 13, 2026. The weighted-average sale price was $234.23 per share, generating proceeds of approximately $333,853. The filing reports the transactions as sales (code S), i.e., not an option exercise or award.
Key Details
- Transaction date: 2026-02-13 (open-market/private sale; reported as S)
- Price: weighted average $234.23 per share; price range reported $234.2255 to $234.305 (see footnote)
- Proceeds: ~$333,853
- Shares owned after the transaction: not specified in the provided excerpt of the filing
- Footnote: the reported price is a weighted average; exact share counts at each price are available on request to the SEC, the issuer, or a security holder
- Filing: Form 4 filed 2026-02-17 (appears timely under the SEC’s two-business-day rule)
Context
- This was a straight sale of existing shares. Sales by executives are common and can be for many reasons (taxes, diversification, personal needs) and do not, by themselves, indicate a change in company fundamentals. Investors should consider this filing alongside other insider activity, company news, and fundamentals before drawing conclusions.