Morales Vincent J 4
Research Summary
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Teledyne (TDY) Director Vincent J. Morales Receives Award
What Happened Vincent J. Morales, a director of Teledyne Technologies (TDY), was granted 319 restricted stock units (RSUs) on April 22, 2026. The grant is reported at $0.00 per share (award), but the filing notes a per-share price of $656.69 was used to determine the unit count — implying a grant value of about $209,484. These RSUs are a compensation award (not an open-market purchase or sale) and will convert to shares only upon vesting.
Key Details
- Transaction date: 2026-04-22; Form 4 filed 2026-04-23 (timely filing).
- Transaction type/code: Award/Grant (A); 319 RSUs granted at $0.00 reported price.
- Valuation: $656.69 per share used to determine number of units (319 × $656.69 ≈ $209,484).
- Vesting and delivery: RSUs vest one year from the grant date; shares delivered at vesting unless Morales elects to defer delivery until he leaves Board service.
- Reported holdings: Filing reports Morales holds 2,194 shares directly (which includes 1,726 RSUs). The filing does not explicitly state the post-grant total ownership separate from these figures.
- No tax-withholding or sale noted in the filing.
Context Restricted stock units are a form of deferred compensation that convert to actual shares only upon vesting. This grant represents routine director compensation and is informational rather than a direct market buy or sell.