Form 4: Teradyne Director Mercedes Johnson Sells 625 Shares Under 10b5-1 Plan
SEC Form 4
Mercedes Johnson, a director at Teradyne, Inc., sold 625 shares of common stock at a price of $132.8 per share on October 1, 2024, under a pre-arranged 10b5-1 sales plan.
Summary
- On October 1, 2024, Mercedes Johnson, a director of Teradyne, Inc., sold 625 shares of the company's common stock.
- The sale was executed at a price of $132.8 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 15,893 shares of Teradyne common stock.
Sentiment
Score: 5
Explanation: The document reports a routine stock sale by a director under a pre-arranged plan, which is neither particularly positive nor negative. It's a neutral event.
Industry Context
Sales by company insiders are a common occurrence and are often viewed in the context of overall company performance and insider sentiment. Sales under a 10b5-1 plan are generally less indicative of immediate insider sentiment, as these plans are pre-arranged.
Key Dates
| Date | Description |
|---|---|
| February 1, 2024 | Date the Reporting Person adopted the sales plan. |
| October 1, 2024 | Date of the transaction (stock sale). |
| October 3, 2024 | Date of the signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.