Form 4: Teradyne Director Paul J. Tufano Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Paul J. Tufano reports acquisition of 1,876 restricted stock units (RSUs) of Teradyne, Inc. on May 9, 2024.
Summary
- On May 9, 2024, Paul J. Tufano, a director of Teradyne, Inc., acquired 1,876 restricted stock units (RSUs).
- These RSUs were granted under Teradyne's 2006 Equity and Cash Compensation Incentive Plan.
- Each RSU represents the right to receive one share of Teradyne common stock.
- The RSUs will vest in full on the earlier of May 9, 2025, or the date of Teradyne's 2025 Annual Meeting of Shareholders.
- Following the transaction, Tufano directly owns 58,778 shares of Teradyne common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a routine transaction. It doesn't convey any positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and equity compensation, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an increase in insider ownership, which can be viewed positively.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Paul J. Tufano acquired 1,876 restricted stock units. |
| 05/09/2025 | Vesting date of RSUs: RSUs will vest in full on the earlier of this date or the date of the Issuer's 2025 Annual Meeting of Shareholders. |
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