Form 4: Teradyne Director Herweck Boosts Common Stock Holdings

Teradyne Director Peter Herweck acquired 5 additional shares of common stock through deferred stock units, increasing his direct beneficial ownership to 15,374 shares.

Summary

• Peter Herweck, a Director at Teradyne, Inc. (TER), acquired 5 shares of Common Stock.
• The acquisition occurred on March 13, 2026.
• These shares represent deferred stock units (DSUs) issued as dividends on existing DSUs, in lieu of cash.
• The transaction is exempt under Exchange Act Rule 16b-3(d).
• Following this transaction, Mr. Herweck directly beneficially owns 15,374 shares of Teradyne Common Stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a slightly positive, routine event. The increase in director ownership, even through DSU dividends, generally signals continued confidence in the company, though the small number of shares limits its significance.

Positives

• A Director increasing their stake, even through routine DSU dividends, can signal confidence in the company's long-term prospects.
• The transaction is exempt under Exchange Act Rule 16b-3(d), indicating compliance with regulatory frameworks for insider transactions.

Future Outlook

Deferred stock units (DSUs) are generally settled one-for-one in Common Stock within ninety days of the date a non-employee director no longer serves in such capacity.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as the acquisition of shares through DSU dividends, are common practice for directors and executives. While not indicative of a major strategic shift, they reflect ongoing compensation structures and can be viewed as a minor positive signal of continued alignment between management and shareholder interests within the semiconductor test equipment and industrial automation industry.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders through higher direct ownership.

Next Steps

• Settlement of deferred stock units (DSUs) into Common Stock generally within ninety days of Peter Herweck ceasing to serve as a non-employee director.

Key Dates

Keywords

Teradyne, TER, Form 4, Insider Trading, Director Stock Acquisition, Deferred Stock Units, Common Stock, Peter Herweck, SEC Filing