Form 4: Teradyne CEO Sells Shares for Tax Obligations

Teradyne's President and CEO, Gregory Stephen Smith, disposed of 6,763 shares of common stock to cover tax withholding obligations related to RSU vesting.

Summary

• Gregory Stephen Smith, President and CEO, and a Director of Teradyne, Inc. (TER), reported a transaction involving company common stock.
• On February 2, 2026, Smith disposed of 6,763 shares of Teradyne Common Stock.
• The shares were withheld by the Issuer at a price of $249.53 per share to satisfy tax withholding obligations.
• This transaction was in connection with the vesting of restricted stock units (RSUs) that occurred on January 31, 2026, and February 1, 2026.
• Following this transaction, Smith beneficially owns 115,089.5729 shares of Teradyne Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine administrative transaction related to executive compensation and does not provide new insights into the company's operational or financial performance.

Positives

• The transaction represents a routine administrative event related to executive compensation, indicating the vesting of previously granted restricted stock units.

Negatives

• The disposition of shares by the CEO, while for tax purposes, reduces his direct ownership stake in the company by 6,763 shares.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholding upon RSU vesting, are common occurrences across all industries for publicly traded companies. This specific transaction for Teradyne's CEO is a standard part of executive compensation and does not inherently reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a discretionary sale based on market sentiment.
• Employees: No direct impact beyond the CEO's compensation structure.

Key Dates

Keywords

Teradyne, TER, Form 4, insider transaction, stock sale, tax withholding, restricted stock units, executive compensation, Gregory Stephen Smith