Form 4: Teradyne Director Mercedes Johnson Sells 625 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Mercedes Johnson sold 625 shares of Teradyne (TER) common stock on August 1, 2024, at a price of $128.77 per share, according to a Form 4 filing.
Summary
- Mercedes Johnson, a director of Teradyne, Inc. (TER), reported a transaction involving the sale of company stock.
- On August 1, 2024, Johnson sold 625 shares of common stock at a price of $128.77 per share.
- The sale was executed 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 17,143 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 inherently convey 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 sale was pre-planned and not based on any specific inside information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but the existence 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. |
| August 1, 2024 | Date of the stock sale transaction. |
| August 5, 2024 | Date of the Form 4 filing. |
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