TE Connectivity plc·4

May 18, 2:54 PM ET

SAGAR MALAVIKA 4

4 · TE Connectivity plc · Filed May 18, 2026

Research Summary

AI-generated summary of this filing

Updated

TE Connectivity (TEL) SVP Sagar Malavika Converts RSUs, Sells Shares

What Happened
Sagar Malavika, Senior Vice President & Chief Human Resources Officer at TE Connectivity (TEL), had 1,043 derivative awards converted into common shares on May 15, 2026 (reported May 18, 2026). Of those shares, 297.16 were disposed/withheld to satisfy tax withholding obligations at a valuation of $203.15 per share, totaling $60,367. The conversion shows a $0.00 exercise price (typical for restricted stock unit settlements), leaving approximately 745.84 shares delivered to her after withholding.

Key Details

  • Transaction date: May 15, 2026; Form 4 filed May 18, 2026 (timely filing).
  • Actions reported: M = exercise/conversion of derivative (1,043 shares @ $0.00); F = tax withholding/settlement (297.16 shares @ $203.15) for $60,367.
  • Net shares delivered to insider (approx.): 1,043 − 297.16 = 745.84 shares.
  • Footnotes: F1 = settlement of Restricted Stock Units upon vesting; F3 = date exercisable May 15, 2026. F2 = Not applicable.
  • Shares owned after the transaction are not specified in the provided filing.
  • This was a compensation/vesting event with shares withheld for taxes (routine), not an open-market purchase or investment sale.

Context
This filing reflects RSU settlement (conversion of derivative awards) rather than a discretionary buy or sell for investment reasons. The withholding of 297.16 shares to cover taxes is a standard practice and should be viewed as a routine payroll/tax action tied to vesting, not an insider signaling by market-directional trading.

Insider Transaction Report

Form 4
Period: 2026-05-15
SAGAR MALAVIKA
SVP, Chief Human Resources Off
Transactions
  • Exercise/Conversion

    Common Shares

    [F1][F2]
    2026-05-15+1,0436,797.62 total
  • Tax Payment

    Common Shares

    2026-05-15$203.15/sh297.16$60,3676,500.46 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F1][F3]
    2026-05-151,0431,043.433 total
    Exercise: $0.00Common Shares (1,043 underlying)
Footnotes (3)
  • [F1]Settlement of Restricted Stock Units upon vesting for an equivalent number of Common Shares of the Issuer.
  • [F2]Not Applicable
  • [F3]Date exercisable - May 15, 2026
Signature
Harold G. Barksdale, attorney-in-fact|2026-05-18

Documents

1 file
  • 4
    doc4.xmlPrimary