Form 4: Teradyne Director Reports RSU Grant

Director Ernest E. Maddock of Teradyne, Inc. reported the acquisition of 668 restricted stock units.

Summary

• Ernest E. Maddock, a Director at Teradyne, Inc., acquired 668 restricted stock units (RSUs) on May 8, 2026.
• These RSUs were granted under the Issuer's 2006 Equity and Cash Compensation Incentive Plan.
• Each RSU represents the right to receive one share of Common Stock.
• 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.
• Following this transaction, Mr. Maddock beneficially owns 10,265 shares of Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine equity grant to a director rather than a significant financial event or strategic shift.

Positives

• Director Ernest E. Maddock received a grant of 668 RSUs, indicating continued equity incentive for key personnel.
• The RSUs are time-based, aligning the director's incentives with the company's long-term performance and vesting over a defined period.

Future Outlook

The RSUs are scheduled to vest on May 8, 2027, or the date of the Issuer's 2027 Annual Meeting of Shareholders, whichever comes first, indicating a future potential increase in beneficial ownership for the director.

Industry Context

StockSavvy.ai notes that the issuance of Restricted Stock Units (RSUs) to directors is a common practice in the technology sector, including companies like Teradyne, to align executive compensation with shareholder interests and long-term company performance.

Stakeholder Impact

• Shareholders: The RSU grant aligns director incentives with long-term shareholder value creation.
• Management: The grant is part of the director's overall compensation package.

Next Steps

• Vesting of 668 RSUs on or before May 8, 2027, subject to meeting vesting conditions.
• Potential conversion of vested RSUs into shares of Teradyne Common Stock.

Key Dates

Keywords

Teradyne, Form 4, SEC Filing, Director, Restricted Stock Units, RSU, Equity Compensation, Beneficial Ownership