TER.NASDAQTeradyne, INC

Form 4: Teradyne Director Paul J. Tufano Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4


Director Paul J. Tufano reports acquisition of 2,971 restricted stock units (RSUs) in Teradyne, Inc.

Summary

  • On May 9, 2025, Paul J. Tufano, a director of Teradyne, Inc., acquired 2,971 restricted stock units (RSUs).
  • These RSUs were granted under the company's 2006 Equity and Cash Compensation Incentive Plan.
  • Each RSU represents the right to receive one share of Teradyne common stock.
  • The RSUs are time-based and will vest in full on the earlier of May 9, 2026, or the date of the Issuer's 2026 Annual Meeting of Shareholders.
  • Following the transaction, Tufano directly owns 63,563 shares of Teradyne common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine equity grant, which is generally viewed neutrally to positively as it aligns management interests with shareholders.

Positives

  • The grant of RSUs to a director aligns their interests with those of the shareholders.
  • The vesting schedule encourages long-term commitment from the director.

Industry Context

This is a standard Form 4 filing, reflecting a common practice of granting equity compensation to company directors.

Stakeholder Impact

  • The RSU grant aligns the director's interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

DateDescription
05/09/2025Date of transaction: Paul J. Tufano acquired 2,971 restricted stock units.
05/09/2026RSUs vest in full on the earlier of this date or the date of the Issuer's 2026 Annual Meeting of Shareholders.
2026 Annual Meeting of ShareholdersRSUs vest in full on the earlier of May 9, 2026 or the date of this meeting.
05/13/2025Date of signature by Attorney-in-Fact.

Keywords

Teradyne, Director, RSU, Restricted Stock Units, Beneficial Ownership, Form 4, Tufano, Equity Compensation

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