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 at a price of $121.2 on May 6, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 6, 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 $121.2 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 17,142 shares of Teradyne common stock.

Sentiment

Score: 5

Explanation: The document simply reports a stock sale by a director under a pre-arranged plan, which is a neutral event. There is no indication of positive or negative sentiment.

Industry Context

Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of trading on inside information. The use of a 10b5-1 plan allows insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares sold and the existence of a pre-arranged trading plan.

Key Dates