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 $133.49 per share on September 3, 2024, under a pre-arranged 10b5-1 sales plan.
Summary
- On September 3, 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 $133.49 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 16,518 shares of Teradyne common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a pre-planned stock sale by a company director. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales by insiders are a normal part of corporate governance. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, 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. |
| September 3, 2024 | Date of the transaction (stock sale). |
| September 5, 2024 | Date of the Form 4 filing. |
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