Form 4: Teradyne Director Peter Herweck Acquires Additional Deferred Stock Units
SEC Form 4 Filing
Director Peter Herweck acquired 5 deferred stock units (DSUs) of Teradyne, Inc. due to dividend payments.
Summary
- On March 15, 2024, Peter Herweck, a director of Teradyne, Inc., acquired 5 deferred stock units (DSUs) at a price of $0.
- This acquisition was due to dividend payments on existing DSUs, which Herweck elected to receive in the form of additional DSUs.
- Following the transaction, Herweck directly owns 8,634 shares of common stock.
- DSUs are 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.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (acquisition of DSUs via dividend reinvestment) by a company director, suggesting a neutral to slightly positive sentiment as it indicates continued investment in the company.
Positives
- The acquisition of additional DSUs demonstrates the director's continued investment in the company's future.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Peter Herweck acquired 5 deferred stock units. |
| 03/19/2024 | Date of signature by Attorney-in-Fact. |
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