Reuben M. Shaffer, the Senior Vice President and Corporate Controller at TE Connectivity plc, has exercised stock options for 2,150 shares. This transaction, reported on November 13, 2026, reflects Shaffer's ongoing confidence in the company's prospects.

TE Connectivity, a leader in the wholesale electronic parts and equipment sector, is known for its innovative solutions in connectivity and sensor technology. The company has undergone several name changes over the years, previously known as Tyco Electronics Ltd. and TE Connectivity Ltd.

The SEC filing indicates that Shaffer exercised the stock options on November 11, 2026, at an exercise price of $219.41 per share. Following this transaction, Shaffer now owns a total of 2,150 shares of TE Connectivity. The options are set to become exercisable in four equal installments starting from November 15, 2026.

This move may impact TE Connectivity's shareholder sentiment, as insider transactions can be seen as a positive signal about the company's future. The filing did not specify any immediate plans for additional transactions or further disclosures.

The filing does not say what happens next.

Details of the Stock Option Exercise

The stock options exercised by Shaffer are set to expire on November 11, 2036, providing a significant window for potential future transactions. The exercise price of $219.41 per share indicates the value at which Shaffer can purchase the shares, reflecting his commitment to the company’s long-term growth.

"The options become exercisable in four equal installments on each of the first, second, third, and fourth anniversary of November 15, 2026."

Additionally, the filing confirms that Shaffer's ownership of these shares is classified as direct, indicating that he has full control over the shares acquired through this transaction.

Power of Attorney

The filing also includes a Power of Attorney, which designates Harold G. Barksdale, John S. Jenkins, Jr., and Matthew M. Pilcher as Shaffer's attorneys-in-fact. This allows them to prepare and submit necessary SEC filings on his behalf, ensuring compliance with reporting requirements under Section 16 of the Securities Exchange Act of 1934.

Notably, the Power of Attorney remains in effect until Shaffer is no longer required to file Forms 3, 4, and 5 regarding his securities transactions, unless revoked earlier.