TE Connectivity SVP Sagar Malavika Receives 3.853 RSUs

What Happened
Sagar Malavika, Senior Vice President and Chief Human Resources Officer at TE Connectivity (TEL), was granted 3.853 restricted stock units (RSUs) on 2026-09-11. The Form 4 reports the acquisition price as $0 because these are derivative awards (RSUs issued as dividend equivalents) that convert to common shares upon vesting.

Key Details

• Transaction date: 2026-09-11; Form 4 filed 2026-09-14 (timely filing).
• Transaction type: Award/Grant (derivative RSUs) — 3.853 units acquired at $0.00 reported price.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Conversion is 1-for-1 (each RSU converts to one common share upon vesting).
  • F2: These RSUs were issued as dividend equivalents tied to shareholder dividend payments, vest according to the underlying award, may be accelerated on certain events, receive dividend-equivalent stock units, and convert to common shares upon vesting.

Context

• This is an award (not an open-market purchase or sale). RSUs represent a promise to deliver shares in the future if vesting conditions are met; no cash changed hands at grant.
• Such dividend-equivalent RSUs are common compensation mechanics and do not by themselves indicate the insider is buying or selling shares in the market.