Form 4: Teradyne Director Paul J. Tufano Acquires Additional Deferred Stock Units
SEC Form 4 Filing
Director Paul J. Tufano acquired 56 deferred stock units (DSUs) of Teradyne, Inc. due to dividend payments, increasing his total holdings to 56,482 DSUs.
Summary
- On March 15, 2024, Paul J. Tufano, a director of Teradyne, Inc., acquired 56 deferred stock units (DSUs) as a result of dividend payments.
- The acquisition was made under Exchange Act Rule 16b-3(d), which exempts it from certain regulations.
- These DSUs are settled one-for-one in Common Stock, typically within 90 days after the director ceases to serve in that capacity.
- Following the transaction, Tufano's total beneficial ownership of Teradyne securities is 56,482 DSUs.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (acquisition of DSUs through dividends) by a company director, indicating continued investment in the company. This is generally viewed as neutral to slightly positive.
Positives
- The acquisition of DSUs through dividend payments reflects a continued investment in the company by a director.
Future Outlook
The DSUs will be settled one-for-one in Common Stock generally within ninety days of the date as of which a non-employee director no longer serves in such capacity.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the acquisition of DSUs by a director through dividend payments.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Paul J. Tufano acquired 56 deferred stock units. |
| 03/19/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.