Form 4: Teradyne Director Marilyn Matz Reports Acquisition of Restricted Stock Units

Director Marilyn Matz reports the acquisition of 1,876 restricted stock units (RSUs) of Teradyne, Inc. on May 9, 2024.

Summary

• Marilyn Matz, a director of Teradyne, Inc., filed a Form 4 on May 13, 2024, reporting a transaction.
• On May 9, 2024, Ms. Matz acquired 1,876 restricted stock units (RSUs) at a price of $0.
• Following this transaction, Ms. Matz beneficially owns 16,201.675 shares of Teradyne common stock directly.
• The RSUs were granted under Teradyne's 2006 Equity and Cash Compensation Incentive Plan and will vest on the earlier of May 9, 2025, or the date of the Issuer's 2025 Annual Meeting of Shareholders.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The grant of RSUs is a standard practice and indicates confidence in the company's future performance. There are no negative implications.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

This filing is a routine disclosure related to equity compensation for a company director, which is a common practice in publicly traded companies to incentivize and retain key personnel.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates