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TE Connectivity (NYSE: TEL) SVP receives dividend-equivalent RSUs
TE Connectivity’s SVP and Corporate Controller, Reuben M. Shaffer, received 5.0375 restricted stock units (RSUs) as dividend equivalents. These RSUs convert to common shares on a 1-for-1 basis and are subject to the same vesting schedule as the underlying award. Following this grant, Shaffer directly holds 1,419.8907 restricted stock units.