Form 4: Teradyne Director Acquires Stock Units
Statement of Changes in Beneficial Ownership
Teradyne Director Peter Herweck acquired 63 deferred stock units (DSUs) on June 25, 2026, as part of his compensation.
Summary
- Director Peter Herweck acquired 63 common stock units on June 25, 2026.
- These units represent a deferral of his quarterly cash compensation into deferred stock units (DSUs).
- The number of DSUs was calculated based on the closing price of Teradyne's common stock on the issuance date.
- Following this transaction, Mr. Herweck beneficially owns 16,201 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation adjustment for a director rather than a significant strategic or financial event.
Positives
- Director's compensation is being deferred into company stock, aligning their interests with shareholders.
- The transaction indicates continued direct ownership by a director.
Future Outlook
Deferred stock units are generally settled in common stock within ninety days of the date a non-employee director ceases to serve in that capacity.
Industry Context
StockSavvy.ai notes that the use of deferred stock units for director compensation is a common practice in the technology sector, aimed at retaining talent and aligning executive interests with long-term shareholder value.
Stakeholder Impact
- Shareholders: The transaction aligns director interests with shareholders by increasing direct beneficial ownership in the company.
Next Steps
- Settlement of DSUs in common stock generally within ninety days of the director's departure from service.
Key Dates
| Date | Description |
|---|---|
| 06/25/2026 | Transaction Date for acquisition of deferred stock units. |
| 06/29/2026 | Date of signature for the filing. |
Keywords
Teradyne, Form 4, SEC Filing, Director Compensation, Deferred Stock Units, Insider Transaction, TER
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