Belak Cynthia Y 4

What Happened

• Cynthia Y. Belak, Senior Vice President and Controller of Teledyne Technologies (TDY), was granted 581 restricted stock units (RSUs) on 2026-01-20. The Form 4 reports the acquisition as a derivative award (code A) with a reported price of $0.00 for the grant; the award value was calculated using $531.67 per share (581 × $531.67 ≈ $308,900.27). Vested shares will be delivered after vesting.

Key Details

• Transaction date: 2026-01-20 (Form 4 filed 2026-01-21; appears timely).
• Transaction type/code: Award/Grant of RSUs (derivative), shown as acquisition (A).
• Shares awarded: 581 RSUs; grant price recorded as $0.00; valuation price used: $531.67 per share.
• 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 to be delivered after vesting. F2 — $531.67 used to calculate number of RSUs.
• No 10b5-1 plan, sale, or tax-withholding notation indicated in the excerpt.

Context

• These RSUs are performance-based and vest in the future; they are compensation, not an open-market purchase or sale. Such grants are common for executives and don’t by themselves indicate immediate buying or selling sentiment.