Form 4: Teradyne Director Mercedes Johnson Sells 625 Shares of Common Stock

Director Mercedes Johnson sold 625 shares of Teradyne (TER) common stock at a price of $111.42 per share on November 7, 2024, according to a Form 4 filing with the SEC.

Summary

• On November 7, 2024, Mercedes Johnson, a director of Teradyne, Inc. (TER), sold 625 shares of common stock.
• The sale was executed at a price of $111.42 per share.
• Following the transaction, Johnson directly owns 15,268 shares of Teradyne common stock.
• The sale was conducted under a pre-arranged sales plan adopted on February 1, 2024, designed to comply with Rule 10b5-1.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.

Industry Context

This is a routine disclosure of an insider stock sale. It's common for executives and directors to have pre-arranged trading plans (Rule 10b5-1) to avoid accusations of insider trading. The sale itself is unlikely to have a significant impact on Teradyne's stock price unless it signals a broader trend of insider selling.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the existence of a pre-arranged trading plan mitigates this concern.

Key Dates