Form 4: Teradyne Director Marilyn Matz Receives RSU Grant
Statement of Changes in Beneficial Ownership
Teradyne Director Marilyn Matz was granted 668 restricted stock units as part of the company's equity compensation plan.
Summary
- Director Marilyn Matz acquired 668 restricted stock units (RSUs) on May 8, 2026.
- The grant was issued under the Teradyne, Inc. 2006 Equity and Cash Compensation Incentive Plan.
- Each RSU represents a right to receive one share of common stock.
- Following this transaction, the director's total beneficial ownership is 19,840.675 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial outlook.
Positives
- The grant aligns the director's interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
The RSUs are scheduled to vest in full on May 8, 2027, or on the date of the 2027 Annual Meeting of Shareholders, whichever occurs first.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure alignment between board oversight and shareholder interests in the semiconductor testing equipment sector.
Comparison to Industry Standards
- The use of time-based RSU vesting is consistent with standard executive and director compensation packages among S&P 500 technology firms.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of the 668 RSUs on May 8, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/08/2026 | Date of RSU grant transaction. |
| 05/08/2027 | Vesting date for the granted RSUs. |
| 05/12/2026 | Date of filing. |
Keywords
Teradyne, TER, Form 4, Insider Trading, Equity Compensation, Director Compensation
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