Form 4: Teradyne Director Paul Tufano Increases Stake Through Deferred Stock Unit Dividend Reinvestment

Teradyne, Inc. Director Paul J. Tufano acquired 79 additional deferred stock units (DSUs) through dividend reinvestment, increasing his total beneficial ownership to 63,642 DSUs.

Summary

• Paul J. Tufano, a Director of Teradyne, Inc. (TER), acquired 79 shares of Common Stock in the form of Deferred Stock Units (DSUs).
• The transaction occurred on June 13, 2025, and was an acquisition (A) at a price of $0 per unit.
• This acquisition represents DSUs issued to Mr. Tufano in accordance with his election to receive dividends paid on DSUs in the form of additional DSUs instead of cash.
• Following this transaction, Mr. Tufano beneficially owns 63,642 DSUs.
• The acquisition is exempt under Exchange Act Rule 16b-3(d).
• DSUs are settled one-for-one in Common Stock, generally within 90 days after a non-employee director ceases to serve in that capacity.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director increasing their stake, even through dividend reinvestment, generally signals continued confidence and alignment with shareholder interests. However, it's a routine transaction with no significant new information.

Positives

• The acquisition of additional DSUs by a director, even through dividend reinvestment, indicates continued alignment of management's interests with shareholders.
• The transaction is exempt under Exchange Act Rule 16b-3(d), indicating compliance with SEC regulations for insider transactions.

Negatives

• No negative aspects are directly indicated by this routine insider transaction.

Future Outlook

Deferred Stock Units (DSUs) acquired by the reporting person are expected to be settled one-for-one in Teradyne Common Stock generally within ninety days of the date as of which the non-employee director no longer serves in such capacity.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends. It reflects an individual director's equity holdings and compensation structure within the semiconductor test equipment and robotics industry.

Stakeholder Impact

• Shareholders: The transaction shows a director's continued equity interest and alignment with shareholder value, as DSUs convert to common stock.

Next Steps

• Settlement of Deferred Stock Units (DSUs) into Common Stock, generally within 90 days of the reporting person ceasing to serve as a non-employee director.

Key Dates

Keywords

Teradyne, TER, Form 4, Insider Trading, Deferred Stock Units, DSUs, Director, Stock Acquisition, Dividend Reinvestment, SEC Filing, Paul J. Tufano