Form 4: Teradyne Director Peter Herweck Receives Stock Grant

Director Peter Herweck received 2,971 restricted stock units from Teradyne, Inc. on May 9, 2025.

Summary

• Peter Herweck, a director of Teradyne, Inc., received 2,971 restricted stock units (RSUs) on May 9, 2025.
• 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 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, Herweck directly owns 14,682 shares of Teradyne common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral event with a slightly positive undertone due to the incentive structure.

Positives

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

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a routine disclosure related to equity compensation for a company director, common in publicly traded companies to incentivize and retain key personnel.

Stakeholder Impact

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

Key Dates

Keywords

Teradyne, Director, Herweck, Restricted Stock Units, RSUs, Equity Compensation, Beneficial Ownership, Form 4