TER.NASDAQTeradyne, INC

Form 4: Teradyne Director Paul J. Tufano Acquires Additional Deferred Stock Units

Sentiment:

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

DateDescription
03/15/2024Date of transaction: Paul J. Tufano acquired 56 deferred stock units.
03/19/2024Date of signature on the Form 4 filing.

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