TELTE Connectivity
Deals with insiders in the proxy filed 2026-01-15
Deals between TEL and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-01-17.
Nothing new: every deal in this year's section was reported last year too.
The whole section
7 paragraphs quoted as filed
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS“All relationships and transactions in which the Company and our directors and executive officers or their immediate family members are participants were reviewed to determine whether such persons have a direct or indirect material interest. As required under SEC rules, transactions over $120,000 that are determined to be directly or indirectly material to a related person are disclosed in the Company’s proxy statement. In addition, we have adopted a written policy with respect to related person transactions pursuant to which the Nominating, Governance and Compliance Committee reviews and approves or ratifies any related person transaction that is required to be disclosed. In the course of its review and approval or ratification of a disclosable related person transaction, the committee considers whether the transaction is fair and reasonable to the Company and will take into account, among other factors it deems appropriate:”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS“whether the transaction is on terms no less favorable than terms generally available to an unaffiliated third-party under the same or similar circumstances;”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS“the extent of the related person’s interest in the transaction and the materiality of the transaction to the Company;”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS“the material facts of the transaction, including the proposed aggregate value of the transaction;”
Read it in the proxy ↗
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS“the business purpose for and reasonableness of the transaction, taken in the context of the alternatives available to the Company for attaining the purposes of the transaction;”
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CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS“whether the transaction is in the ordinary course of the Company’s business and was proposed and considered in the ordinary course of business; and the effect of the transaction on the Company’s business and operations, including on the Company’s internal control over financial reporting and system of disclosure controls or procedures, and any additional conditions or controls (including reporting and review requirements) that should be applied to such transaction.”
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CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS“There were no related person transactions in fiscal 2025 that require disclosure.”
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Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗