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

Director Marilyn Matz reports acquisition of 2,971 restricted stock units (RSUs) of Teradyne, Inc.

Summary

• On May 9, 2025, Marilyn Matz, a director of Teradyne, Inc., acquired 2,971 restricted stock units (RSUs).
• These RSUs were granted under the company's 2006 Equity and Cash Compensation Incentive Plan.
• Each RSU represents the right to receive one share of Teradyne's common stock.
• The RSUs will vest in full on the earlier of May 9, 2026, or the date of the Issuer's 2026 Annual Meeting of Shareholders.
• Following the transaction, Matz directly owns 19,172.675 shares of Teradyne common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard transaction related to director compensation, which is generally viewed neutrally to positively as it aligns interests. There are no indications of negative sentiment.

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 director's holdings will increase upon vesting of the RSUs, aligning her interests with the long-term performance of the company.

Industry Context

Equity compensation is a common practice in the technology industry to attract and retain talent and align management's interests with shareholders.

Comparison to Industry Standards

• Granting restricted stock units (RSUs) to directors is a common practice among publicly traded companies, especially in the technology sector, to incentivize performance and align interests with shareholders.
• Companies like Texas Instruments and Analog Devices also use RSUs as part of their director compensation packages.
• The vesting schedules for these RSUs are typically between one and four years, similar to the vesting schedule described in the document.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder confidence by aligning management's interests with the company's long-term success.

Key Dates

Keywords

Teradyne, Director, Marilyn Matz, RSU, Restricted Stock Units, Beneficial Ownership, Form 4, Equity Compensation