Form 4: Teradyne CEO Sells Shares Under Pre-Arranged Plan
Insider Transaction Report
Teradyne's President and CEO, Gregory Stephen Smith, sold 554 shares of common stock for $105.73 per share on July 30, 2025, as part of a pre-arranged Rule 10b5-1 trading plan.
Summary
- Gregory Stephen Smith, President and CEO, and Director of Teradyne, Inc. (TER), reported changes in beneficial ownership.
- Sold 554 shares of common stock at a price of $105.73 per share on July 30, 2025.
- The sale was executed under a Rule 10b5-1 sales plan adopted on February 4, 2025.
- Acquired 98.7673 shares through the company's Employee Stock Purchase Plan on June 30, 2025.
- Following these transactions, beneficial ownership stands at 97,546.995 shares.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock transaction under a pre-arranged 10b5-1 plan, which is a common practice for executives managing their equity holdings and does not inherently signal positive or negative company performance.
Positives
- Acquisition of 98.7673 shares by the CEO through the company's Employee Stock Purchase Plan on June 30, 2025, indicating participation in employee benefit programs.
Negatives
- Sale of 554 shares by the President and CEO, Gregory Stephen Smith, on July 30, 2025, at $105.73 per share.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Sale of 554 common shares by President and CEO Gregory Stephen Smith.
- Acquisition of 98.7673 shares by President and CEO Gregory Stephen Smith through the company's Employee Stock Purchase Plan.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date Rule 10b5-1 sales plan was adopted by the Reporting Person. |
| 06/30/2025 | Date 98.7673 shares were acquired under the Issuer's Employee Stock Purchase Plan. |
| 07/30/2025 | Date of common stock sale by Gregory Stephen Smith. |
| 08/01/2025 | Date of filing signature by Ryan E. Driscoll, Attorney-in-Fact. |
Recommendation
holdThis Form 4 filing details a routine, pre-scheduled sale of shares by an executive under a Rule 10b5-1 plan, alongside a smaller acquisition via an employee stock purchase plan. Such transactions are common for managing personal finances and do not typically reflect a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this filing.
Keywords
Teradyne, TER, insider trading, Form 4, stock sale, CEO, beneficial ownership, Rule 10b5-1, employee stock purchase plan
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