VanWees Jason 4

What Happened

• Jason VanWees, Vice Chairman of Teledyne Technologies (TDY), was granted 1,119 restricted stock units (RSUs) on 2026-01-20. The Form 4 reports the award as a derivative grant (code A) with a reported acquisition price of $0.00; the number of RSUs was calculated using a price of $531.67 per share, implying an approximate grant value of $594,939 (1,119 × $531.67).
• This is an equity compensation award (not an open-market purchase or sale). RSUs represent a right to receive shares in the future if/when they vest; no shares were delivered immediately.

Key Details

• Transaction date: 2026-01-20; Form 4 filed 2026-01-21 (filed one day after transaction).
• Transaction type/code: Award/Grant (A); derivative instrument = RSUs; reported price $0.00.
• Price used to calculate RSUs: $531.67 (footnote).
• Footnote: RSUs issued under the 2026–2028 Performance-Based Restricted Stock Unit Award Program; vested shares will be delivered after vesting.
• Shares owned after transaction: not disclosed in the filing.
• No 10b5-1 plan, tax withholding, or immediate sale reported in the filing.

Context

• RSU grants are common executive compensation and do not necessarily signal a buy/sell decision. The ultimate value realized will depend on Teledyne’s share price at vesting and any applicable performance conditions or withholding.