Form 4: Teradyne CFO Sanjay Mehta Sells Shares Under 10b5-1 Plan

Sanjay Mehta, CFO of Teradyne, Inc., sold 1,384 shares of common stock at a price of $111.49 per share on February 4, 2025, according to a Form 4 filing.

Summary

• On February 4, 2025, Sanjay Mehta, the VP and Chief Financial Officer of Teradyne, Inc. (TER), sold 1,384 shares of the company's common stock.
• The sale was executed at a price of $111.49 per share.
• Following the transaction, Mehta directly owns 36,576.2277 shares of Teradyne common stock.
• The sale was conducted under a pre-arranged sales plan adopted on May 20, 2024, designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged plan and doesn't necessarily indicate a negative outlook on the company.

Industry Context

Insider sales are a common occurrence, especially when executed under pre-arranged plans like Rule 10b5-1. These plans allow insiders to sell shares over a period of time without being accused of trading on non-public information.

Stakeholder Impact

• The sale could have a minor negative impact on shareholder sentiment, although it's likely to be minimal given the pre-planned nature of the transaction.

Key Dates

Keywords

Form 4, Teradyne, Sanjay Mehta, insider trading, stock sale, Rule 10b5-1, TER, CFO