Form 4: Teradyne Director Mercedes Johnson Sells 625 Shares Under 10b5-1 Plan

Mercedes Johnson, a director at Teradyne, Inc., sold 625 shares of common stock on July 1, 2024, at a price of $148 per share, according to a Form 4 filing with the SEC.

Summary

• On July 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 $148 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 17,768 shares of Teradyne common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock sale by a company director under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Sales by insiders are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any inside information.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates