Form 4: Teradyne Director Sells $92K in Common Stock
Insider Transaction Report
Teradyne Director Mercedes Johnson sold 625 shares of common stock for approximately $92,437.50 under a pre-arranged 10b5-1 plan.
Summary
- Mercedes Johnson, a Director of Teradyne, Inc. (TER), sold 625 shares of common stock.
- The transaction occurred on October 6, 2025, at a price of $147.9 per share.
- The total value of the shares sold was approximately $92,437.50.
- The sale was executed pursuant to a Rule 10b5-1 sales plan adopted on February 3, 2025.
- Following the transaction, Mercedes Johnson directly owns 10,113 shares and indirectly owns 1,876 shares through The Mercedes Johnson Trust UAD 07/23/04.
Sentiment
Score: 5
Explanation: The sale of shares by a director, even under a pre-arranged 10b5-1 plan, is a neutral to slightly negative signal. The pre-planned nature mitigates the negative impact, suggesting it's for personal financial planning rather than a reaction to new negative company information.
Positives
- The sale was conducted under a pre-arranged Rule 10b5-1 plan, indicating it was not based on new, non-public information.
Negatives
- An insider sale, even if pre-planned, can sometimes be perceived as a lack of confidence in the company's near-term prospects by some investors.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing.
Industry Context
This Form 4 filing reports an individual insider transaction and does not provide information related to broader industry trends or competitors.
Related Party Transactions
- The filing notes that 1,876 shares are held indirectly by The Mercedes Johnson Trust UAD 07/23/04, of which the Reporting Person is the trustee and sole beneficiary. This indicates an existing related party holding, but the reported transaction itself is a direct sale of common stock.
Stakeholder Impact
- Shareholders: May interpret the insider sale as a minor negative signal, though the 10b5-1 plan mitigates concerns about opportunistic selling.
- Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.
Key Dates
| Date | Description |
|---|---|
| 2004-07-23 | Date of The Mercedes Johnson Trust UAD. |
| 2025-02-03 | Date the Rule 10b5-1 sales plan was adopted by the Reporting Person. |
| 2025-10-06 | Date of the reported transaction (sale of common stock). |
| 2025-10-08 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Teradyne, TER, insider trading, Form 4, stock sale, Mercedes Johnson, director, 10b5-1 plan, beneficial ownership
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