SHAFFER REUBEN M. 4
4 · TE Connectivity plc · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
TE Connectivity (TEL) SVP Reuben Shaffer Receives Award
What Happened
Reuben M. Shaffer, SVP and Corporate Controller of TE Connectivity (TEL), was granted 5.038 restricted stock units (RSUs) on 2026-03-13 (transaction code A). The filing reports an acquisition price of $0.00 for the derivative award; the RSUs are recorded as dividend-equivalent units and will convert to common shares on vesting.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-16 (timely filing). Accession: 0001225208-26-003682.
- Reported security: 5.038 restricted stock units (derivative securities); price reported $0.00.
- Post-transaction share ownership: not specified in the provided filing details.
- Footnotes: (F1) RSUs convert 1-for-1 to common shares. (F2) These RSUs were issued as dividend equivalents, vest according to the underlying award, may accelerate on certain events, and convert to common shares upon vesting.
- Transaction code: A = Award/Grant. Not a purchase or sale.
Context
Restricted stock units are a form of executive compensation and do not represent an immediate open-market purchase or sale. The units convert to common shares upon vesting (per the 1-for-1 conversion note) and may include dividend-equivalent adjustments; such awards are routine compensation and should not be interpreted alone as a bullish or bearish trading signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-13+5.038→ 1,419.891 totalExercise: $0.00→ Common Shares (5.038 underlying)
Footnotes (2)
- [F1]Conversion is 1-for-1.
- [F2]Restricted stock units issued as dividend equivalents on occurrence of payment to Issuer's shareholders. Subject to acceleration upon certain events, the restricted stock units vest according to the underlying award,receive dividend equivalent stock units and convert to common shares upon vesting.