Form 4: Teradyne Director Boosts Stake with DSU Acquisition

Teradyne Director Paul J. Tufano acquired 49 deferred stock units through dividend reinvestment, increasing his beneficial ownership to 64,569 shares.

Summary

• Paul J. Tufano, a Director at Teradyne, Inc. (TER), acquired 49 deferred stock units (DSUs).
• This acquisition was made pursuant to his election to receive dividends on DSUs in the form of additional DSUs instead of cash.
• The transaction date was September 29, 2025.
• Following this transaction, Mr. Tufano beneficially owns 64,569 shares, including DSUs.
• The acquisition is exempt under Exchange Act Rule 16b-3(d).
• DSUs are settled one-for-one in Common Stock generally within ninety days of the date a non-employee director no longer serves.

Sentiment

Score: 6

Explanation: Slightly positive due to increased director ownership, but largely neutral as it's a routine, non-cash transaction.

Positives

• Director Paul J. Tufano increased his beneficial ownership, demonstrating continued alignment with shareholder interests.
• The acquisition of DSUs through dividend reinvestment is a common practice for directors, indicating confidence in the company's long-term prospects.

Negatives

• No specific negative points are identified in this routine Form 4 filing.

Risks

• No specific new risks are introduced or highlighted by this routine Form 4 filing.

Future Outlook

Deferred Stock Units (DSUs) are generally settled one-for-one in Common Stock within ninety days of a non-employee director ceasing to serve in that capacity.

Industry Context

This routine insider transaction does not provide specific insights into broader industry trends or competitive landscape. It primarily reflects an individual director's compensation and ownership structure within Teradyne.

Comparison to Industry Standards

• The practice of non-employee directors receiving deferred stock units as part of their compensation, often with dividend reinvestment options, is a common corporate governance practice across various industries, including the technology and semiconductor equipment sectors where Teradyne operates.
• This aligns with standard practices for director compensation aimed at aligning director interests with long-term shareholder value. No specific comparable companies or projects are detailed in this filing.

Corporate Governance

Related Party Transactions

• Acquisition of 49 Deferred Stock Units by Director Paul J. Tufano from Teradyne, Inc. as part of his compensation and dividend reinvestment election.

Stakeholder Impact

• Shareholders: Positive, as increased director ownership aligns management interests with shareholder value.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.

Next Steps

• Deferred Stock Units will be settled one-for-one in Common Stock generally within ninety days of Paul J. Tufano no longer serving as a non-employee director.

Key Dates

Keywords

Teradyne, TER, Form 4, insider transaction, deferred stock units, DSU, director ownership, beneficial ownership, dividend reinvestment