Form 4: Teradyne Director Mercedes Johnson Sells 625 Shares Under 10b5-1 Plan
SEC Form 4
Director Mercedes Johnson sold 625 shares of Teradyne (TER) common stock at a price of $110.96 per share on March 3, 2025, under a pre-arranged 10b5-1 sales plan.
Summary
- On March 3, 2025, Mercedes Johnson, a director of Teradyne, Inc. (TER), sold 625 shares of common stock.
- The sale was executed at a price of $110.96 per share.
- The transaction was conducted under a pre-arranged sales plan adopted on February 1, 2024, designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.
- Following the transaction, Johnson directly owns 12,768 shares of Teradyne common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a stock sale under a pre-arranged plan. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Sales by insiders are a normal part of corporate governance. The use of a 10b5-1 plan suggests the insider planned the sale in advance to avoid any concerns about trading on inside information.
Stakeholder Impact
- The sale of shares by a director could have a minor negative impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| February 1, 2024 | Date the Reporting Person adopted the sales plan. |
| March 3, 2025 | Date of the transaction (stock sale). |
| March 5, 2025 | Date of signature on the Form 4 filing. |
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