Company: TDY
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054478
Chunk: 50

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 50
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 future issuance (i) includes shares transferred from the predecessor Amended and Restated 2008 Incentive Award Plan and (ii) assumes the issuance of 156,447 shares subject to restricted stock unit awards issued to employees and directors, including performance-based restricted |

| stock units assuming goals are met at the maximum performance target. |

| (4) | We maintain an Employee Stock Purchase Plan (commonly known as The Stock Advantage Plan) for eligible employees. It enables employees to invest in our common stock through automatic, after-tax payroll deductions, within specified limits. We add a 25% matching Company contribution up to $1,196 annually. Our contribution is currently paid in cash and the plan administrator purchases shares of our common stock in the open market. Historically, all shares used to fund the Employee Stock Purchase Plan have been purchased on the open market and no new shares have been issued. |

| 44 |     | TELEDYNE TECHNOLOGIES INCORPORATED | 2025 Proxy Statement |

Executive and Director Compensation Compensation Discussion and Analysis This Compensation Discussion and Analysis (“CD&A”) provides a detailed description of our executive compensation philosophy and programs, the compensation decisions the Personnel and Compensation Committee (referred to as the “Committee” in this CD&A) has made under those programs, and the factors considered in making those decisions. This CD&A focuses on the compensation of our Named Executive Officers for 2024, who are listed below and appear in the Compensation Tables beginning on page 67. The following individuals represented our named executive officers (“NEOs” or “named executives”) for 2024:

| Name                 |     | Position at 2024 Fiscal Year End                  |
|:---------------------|:----|:--------------------------------------------------|
| Edwin Roks           |     | Chief Executive Officer                           |
| Stephen F. Blackwood |     | Senior Vice President and Chief Financial Officer |
| Robert Mehrabian     |     | Executive Chairman                                |
| George C. Bobb III   |     | President and Chief Operating Officer             |
| Jason VanWees        |     | Vice Chairman                                     |

All of our NEOs were corporate executives during 2024. Effective February 18, 2025, Mr. Blackwood became Teledyne’s Executive Vice President and Chief Financial Officer. Our Compensation Objectives and Core Principles Our objective with respect to executive compensation is to attract and retain executives of the highest quality and to align the interests of management with the interests of stockholders by rewarding