Form 4: Teradyne CFO Sanjay Mehta Reports Stock Transactions

Sanjay Mehta, CFO of Teradyne, reports acquisition of restricted stock units and stock options, as well as shares withheld for tax obligations.

Summary

• Sanjay Mehta, the VP and Chief Financial Officer of Teradyne, Inc., filed a Form 4 on February 4, 2025.
• The report details transactions involving Teradyne's common stock and stock options.
• On January 31, 2025, Mehta acquired 8,810 restricted stock units (RSUs) at a price of $0, bringing his total direct holdings to 39,256.2277 shares.
• Also on January 31, 2025, Mehta acquired 7,615 stock options with an exercise price of $115.79, exercisable beginning January 31, 2026.
• On February 3, 2025, 1,296 shares were withheld by Teradyne at a price of $111.09 to cover Mehta's tax obligations related to the vesting of RSUs, reducing his direct holdings to 37,960.2277 shares.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions.

Positives

• The acquisition of RSUs and stock options suggests confidence in Teradyne's future performance.

Future Outlook

The vesting schedules for the RSUs and stock options indicate a multi-year incentive plan for the CFO.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the CFO's holdings.

Key Dates

Keywords

Form 4, Teradyne, Sanjay Mehta, Stock Options, Restricted Stock Units, Insider Trading, Beneficial Ownership