Form 4: Teradyne Director Plans Future Stock Sale

Teradyne Director Mercedes Johnson reported a future sale of 625 common shares at $106 each, executed under a pre-arranged 10b5-1 plan.

Summary

• Director Mercedes Johnson reported a planned sale of Teradyne, Inc. common stock.
• The transaction involves the disposition of 625 shares scheduled for August 5, 2025.
• The sale price per share is $106.
• The sale is being conducted under a Rule 10b5-1 sales plan, which was adopted on February 3, 2025.
• Following this future transaction, Mercedes Johnson will directly own 11,363 shares and indirectly own 1,876 shares through The Mercedes Johnson Trust.

Sentiment

Score: 5

Explanation: The filing reports a director's planned sale of shares, which is a routine disclosure for insider transactions. The sale is conducted under a pre-arranged 10b5-1 plan, which typically indicates the transaction is not based on new material non-public information, thus mitigating any negative sentiment often associated with insider selling.

Positives

• The reported sale is a pre-scheduled transaction under a Rule 10b5-1 sales plan, adopted on February 3, 2025, indicating it is not based on new material non-public information and enhances transparency.

Negatives

• Director Mercedes Johnson is reducing her direct beneficial ownership in the company by 625 shares through a planned future sale.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Planned sale of 625 common shares by Director Mercedes Johnson.
• Indirect beneficial ownership of 1,876 shares through The Mercedes Johnson Trust UAD 07/23/04, where the reporting person is trustee and sole beneficiary.

Stakeholder Impact

• Shareholders: A slight reduction in direct insider ownership, but mitigated by the pre-arranged 10b5-1 plan, suggesting the transaction is not based on new material information.

Next Steps

• Execution of the planned sale of 625 common shares on August 5, 2025, as per the Rule 10b5-1 plan.

Key Dates

Keywords

Teradyne, TER, Insider Trading, Form 4, Stock Sale, Director, 10b5-1 Plan, Mercedes Johnson