Form 4: Teradyne Director Paul J. Tufano Reports Acquisition of Restricted Stock Units
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
| Date | Description |
|---|---|
| 05/09/2025 | Date of transaction: Paul J. Tufano acquired 2,971 restricted stock units. |
| 05/09/2026 | RSUs 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 Shareholders | RSUs vest in full on the earlier of May 9, 2026 or the date of this meeting. |
| 05/13/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Teradyne, Director, RSU, Restricted Stock Units, Beneficial Ownership, Form 4, Tufano, Equity Compensation
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