SAGAR MALAVIKA 4
Research Summary
AI-generated summary
TE Connectivity (TEL) SVP SAGAR MALAVIKA Receives 3.868 RSUs
What Happened
- SAGAR MALAVIKA, Senior Vice President & Chief Human Resources Officer of TE Connectivity (TEL), was granted 3.868 restricted stock units (RSUs) on 2026-06-12. The award is reported as a derivative acquisition at $0.00 per unit (total reported value $0) — this is an equity award, not a cash purchase.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-15 (filed within required timeframe).
- Transaction code: A (award/grant/other acquisition); amount: 3.868 RSUs; price: $0.00.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 — conversion is 1-for-1. F2 — these RSUs were issued as dividend equivalents; they vest according to the underlying award, receive dividend-equivalent stock units, and convert to common shares upon vesting; may be subject to acceleration on certain events.
Context
- This was a compensation-related grant (derivative RSUs), not a market purchase or sale. No cash exchanged and no immediate change to marketable shares until the RSUs vest and convert. Such awards are routine components of executive pay and do not by themselves indicate buying or selling sentiment.