Terrence R. Curtin - Dec 18, 2023 Form 4 Insider Report for TE Connectivity Ltd. (TEL)

Role
Chief Exec. Officer & Director, Director
Signature
Harold G. Barksdale, attorney-in-fact
Stock symbol
TEL
Transactions as of
Dec 18, 2023
Transactions value $
-$4,461,094
Form type
4
Date filed
12/19/2023, 04:23 PM
Previous filing
Dec 13, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction TEL Common Shares Sale -$2.23 M -15.8 K -18.23% $141.57 70.7 K Dec 18, 2023 Direct F1, F2
transaction TEL Common Shares Sale -$2.23 M -15.8 K -22.3% $141.27 55 K Dec 19, 2023 Direct F1, F3
holding TEL Common Shares 40 K Dec 18, 2023 By family trusts

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-l trading plan adopted by the Reporting Person on August 17, 2023.
F2 The reported price is the weighted average price for the transactions on December 18, 2023. The range of prices for the transactions is from $141.06 to $142.05 per share. Information regarding the number of shares sold at each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F3 The reported price is the weighted average price for the transactions on December 19, 2023. The range of prices for the transactions is from $140.90 to $141.76 per share. Information regarding the number of shares soldat each separate price will be provided upon request to the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.