Form 4: Teradyne Director Peter Herweck Receives RSU Grant

Director Peter Herweck was granted 668 restricted stock units as part of Teradyne's equity compensation plan.

Summary

• Director Peter Herweck acquired 668 restricted stock units (RSUs) on May 8, 2026.
• The RSUs were granted under the Issuer's 2006 Equity and Cash Compensation Incentive Plan.
• Each RSU represents the right to receive one share of Teradyne common stock.
• The total beneficial ownership for the director following this transaction is 16,134 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The RSUs are time-based and will vest in full on the earlier of May 8, 2027, or the date of the Issuer's 2027 Annual Meeting of Shareholders.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board member incentives with long-term shareholder value creation in the semiconductor equipment industry.

Comparison to Industry Standards

• The grant of time-based RSUs to non-employee directors is consistent with standard compensation practices for S&P 500 and technology sector companies.
• The vesting period of one year is typical for annual director equity awards.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation award.

Next Steps

• Vesting of the 668 RSUs on May 8, 2027.

Key Dates

Keywords

Teradyne, TER, Director Compensation, Restricted Stock Units, Insider Transaction