TE Connectivity granted derivative securities to senior vice president and corporate controller Reuben M. Shaffer in a transaction representing about 0.4% of his resulting holding. The award matters to investors because Shaffer’s post-transaction position reached 1,430 derivative securities, while code A identifies the transaction as an award or grant.
Key Highlights
- Reuben M. Shaffer held 1,430 derivative securities after the transaction.
- The transaction occurred on September 11, 2026.
- SEC transaction code A classifies the event as an award or grant.
TE Connectivity plc (NYSE: TEL) granted derivative securities in a transaction equal to about 0.4% of Reuben M. Shaffer’s resulting derivative-securities holding. Shaffer, the company’s senior vice president and corporate controller, was the recipient.
Shaffer’s Derivative Securities Holding Reaches 1,430
Shaffer’s post-transaction position stood at 1,430 derivative securities. The reported holding is measured after the transaction, linking the 1,430 figure to Shaffer’s resulting position. The disclosed percentage also relates to that post-transaction derivative-securities balance. Transaction code A is used for an award or grant of securities.
FAQs
Q: What did Reuben Shaffer receive from TE Connectivity?
A: Reuben M. Shaffer received derivative securities from TE Connectivity in an award transaction. The award represented about 0.4% of his resulting derivative-securities holding.
Q: How many derivative securities did the TE Connectivity insider own afterward?
A: Shaffer’s resulting position was 1,430 derivative securities after the transaction. The reported holding relates to the senior vice president and corporate controller.
Q: What does transaction code A mean for TE Connectivity?
A: For TE Connectivity, transaction code A identifies an award or grant of securities. The transaction involved derivative securities, and Shaffer was the recipient, resulting in a holding of 1,430 derivative securities.
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