Form 4: Teradyne CEO Sells 554 Shares Under 10b5-1 Plan

Gregory Stephen Smith, President and CEO of Teradyne, Inc., reported the sale of 554 shares of common stock at $115 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Gregory Stephen Smith, President and CEO of Teradyne, Inc. (TER), reported the sale of 554 shares of common stock.
• The transaction occurred on September 12, 2025, with shares sold at a price of $115 each.
• Following this transaction, Mr. Smith beneficially owns 96,438.995 shares of Teradyne common stock.
• The sale was executed pursuant to a Rule 10b5-1 sales plan adopted on February 4, 2025.

Sentiment

Score: 5

Explanation: The sale of shares by the CEO is a neutral event as it was conducted under a pre-arranged 10b5-1 plan, which mitigates concerns about opportunistic selling based on insider information. The amount sold is also relatively small compared to total holdings.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating it was not based on new material non-public information.

Negatives

• Insider selling, even if planned, can sometimes be perceived as a lack of confidence by some investors.

Risks

• No specific risks are mentioned in this Form 4 filing beyond the general perception of insider selling.

Stakeholder Impact

• Shareholders: Minor, as the sale was pre-planned and relatively small, reducing the likelihood of negative market reaction.

Key Dates

Recommendation

This Form 4 filing reports a routine, pre-planned insider stock sale by the CEO. Such transactions, especially when executed under a 10b5-1 plan, are generally not considered indicative of a significant change in company fundamentals or management's long-term outlook. Therefore, it does not provide a basis for a change in investment recommendation.

Keywords

Teradyne, TER, Gregory Stephen Smith, CEO, insider trading, Form 4, stock sale, 10b5-1 plan, common stock