Bobb George C III 4

What Happened

• George C. Bobb III, President & CEO and a director of Teledyne Technologies (TDY), received an award of 2,633 Restricted Stock Units (RSUs) on 2026-01-20. The award is reported as an acquisition (award/derivative) with a $0 per-share acquisition price; the company used $531.67 per share to calculate the award, implying an approximate grant value of $1.40 million.
• This is a compensation award (not an open-market purchase or sale). The RSUs are subject to performance/vesting conditions and are not immediately delivered as common shares.

Key Details

• Transaction date: 2026-01-20; Form 4 filed 2026-01-21 (timely filing).
• Transaction type/code: Award/Grant (A); 2,633 RSUs granted; calculation price used: $531.67; implied grant value ≈ $1,399,887.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1—RSUs issued under the 2026–2028 Performance-Based RSU Award Program; vested shares will be delivered after vesting. F2—$531.67 price used to calculate the RSU amount.
• No 10b5-1 plan, tax-withholding sale, or late-filing indicator noted in the provided details.

Context

• RSU awards are a common form of executive compensation and reflect a future right to receive shares if vesting/performance conditions are met; they are not the same as an immediate stock purchase. Because delivery depends on vesting/performance, this award does not necessarily signal immediate insider buying or selling.
• For retail investors, such awards are useful to monitor executive pay and incentives but should be considered alongside other corporate actions and company performance.