VanWees Jason 4

What Happened
Jason VanWees, Vice Chairman of Teledyne Technologies (TDY), reported derivative activity on April 22, 2026. The filing shows exercise/conversion transactions for 126 shares (reported once as acquired and once as disposed), two grants/awards of 2,415 and 272 derivative shares (total 2,687), and 65 shares disposed to satisfy tax withholding. All transactions were reported with a $0.00 per-share price in the filing.

Key Details

• Transaction date: April 22, 2026; Form 4 filed April 24, 2026 (appears timely).
• Reported transactions:
  • Exercise/conversion (code M): 126 shares acquired at $0.00
  • Payment of exercise price / tax withholding (code F): 65 shares disposed at $0.00 (shares withheld to satisfy taxes)
  • Grants/awards (code A): 2,415 and 272 derivative shares awarded at $0.00 (total 2,687)
  • Exercise/conversion (code M): 126 shares disposed at $0.00 (reported as a derivative disposition)
• Shares owned after the transactions: not specified in the filing.
• Notable footnotes:
  • F1: 65 shares were automatically withheld to satisfy tax withholding.
  • F2: Reporting person’s spouse holds 2,639.6986 shares (disclaimed by reporting person).
  • F3/F4: Options and restricted stock units vest in three equal annual installments beginning April 22, 2027; some RSUs reported are held by the spouse and disclaimed by the reporting person.

Context and interpretation
This filing records option/derivative conversions and time‑based awards (RSUs). The 65‑share disposition listed as tax withholding indicates part of the award/settlement was used to cover taxes (a common net‑settlement practice). The filings show $0.00 per-share values and no open‑market sale proceeds reported, so this activity reflects internal exercise/award mechanics rather than an outright market sale or purchase.