Form 4: Teradyne Director Mercedes Johnson Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Mercedes Johnson sold 625 shares of Teradyne (TER) at $112.58 per share on February 3, 2025, under a pre-arranged 10b5-1 sales plan.
Summary
- On February 3, 2025, Mercedes Johnson, a director of Teradyne, Inc. (TER), sold 625 shares of common stock.
- The sale was executed at a price of $112.58 per share.
- Following the transaction, Johnson directly owns 13,393 shares of Teradyne common stock.
- The sale 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.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of a stock sale by a company director under a pre-arranged plan. It doesn't convey any particularly 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 sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2024-02-01 | Date the Reporting Person adopted the sales plan. |
| 2025-02-03 | Date of the transaction (stock sale). |
| 2025-02-04 | Date of the signature of the Attorney-in-Fact. |
Keywords
Form 4, Teradyne, Director, Mercedes Johnson, Stock Sale, 10b5-1 Plan, Insider Trading
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