Malone Robert A 4

What Happened Robert A. Malone, a director of Teledyne Technologies (TDY), received an award of 319 restricted stock units (RSUs) on April 22, 2026. The filing lists the grant at $0 cash cost; the number of units was determined using a price of $656.69, giving an approximate grant value of $656.69 × 319 ≈ $209,484. These RSUs are a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-22 (reported 2026-04-23). Transaction code: A (award/grant).
• Units granted: 319 RSUs; price used to determine units: $656.69; approximate grant value ≈ $209,484.11.
• Vesting/delivery: Units vest one year from the grant date; shares will be delivered at vesting unless Malone elects to defer delivery until separation from Board service (per footnote).
• Shares reported after transaction: Filing reports the reporting person holds 6,179 shares (which the filing says includes 787 RSUs).
• No indication of a sale or exercise; this is routine director compensation, not an immediate trading signal. Filing appears timely (filed the day after the grant).

Context Restricted stock units are a contingent right to receive company shares at vesting. Because these RSUs vest in one year and are not sold or exercised immediately, the award is compensation rather than a direct buy/sell signal about Malone’s view of the stock.