Form 4: Teradyne Director Mercedes Johnson Receives RSU Grant
Statement of Changes in Beneficial Ownership
Teradyne Director Mercedes Johnson was granted 668 restricted stock units as part of the company's equity compensation plan.
Summary
- Director Mercedes Johnson acquired 668 restricted stock units (RSUs) on May 8, 2026.
- Each RSU represents a right to receive one share of Teradyne common stock.
- The grant was issued under the Issuer's 2006 Equity and Cash Compensation Incentive Plan.
- Following this transaction, the director holds 7,031 shares directly and 1,876 shares indirectly via a trust.
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
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
The RSUs are time-based and will vest in full on May 8, 2027, or the date of the 2027 Annual Meeting of Shareholders, whichever is earlier.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder interests in the semiconductor testing equipment sector.
Comparison to Industry Standards
- The grant follows standard industry practices for director compensation in large-cap technology firms.
- The use of time-based vesting is consistent with peer companies like Advantest or Cohu.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity incentive grant.
Next Steps
- Vesting of RSUs on May 8, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/08/2026 | Date of RSU grant transaction. |
| 05/12/2026 | Date of filing. |
| 05/08/2027 | Vesting date for the granted RSUs. |
Keywords
Teradyne, TER, Form 4, Insider Trading, Equity Compensation, Director Compensation
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