TER.NASDAQTeradyne, INC

Form 4: Teradyne Director Paul J. Tufano Reports Acquisition of Common Stock and Deferred Stock Units

Sentiment:

SEC Form 4


Director Paul J. Tufano reports acquiring common stock and deferred stock units (DSUs) through deferred compensation and dividend reinvestment.

Summary

  • On September 26, 2024, Paul J. Tufano, a director at Teradyne, Inc., acquired 345 shares of common stock through the deferral of his quarterly cash compensation into deferred stock units (DSUs).
  • These DSUs will be settled one-for-one in common stock, typically within 90 days after he no longer serves as a non-employee director.
  • On September 27, 2024, Tufano acquired an additional 46 DSUs as a result of reinvesting dividends paid on existing DSUs.
  • This acquisition is exempt under Exchange Act Rule 16b-3(d).
  • Following these transactions, Tufano directly owns 59,532 shares of Teradyne common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through standard compensation practices.

Positives

  • The acquisition of shares through deferred compensation and dividend reinvestment demonstrates the director's continued investment in the company.

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 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding director stock ownership.

Key Dates

DateDescription
09/26/2024Acquisition of 345 shares of common stock through deferred compensation.
09/27/2024Acquisition of 46 DSUs through dividend reinvestment.
09/30/2024Date of signature for the Form 4 filing.

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