Form 4: Teradyne Director Sells Shares Under 10b5-1 Plan

Teradyne Director Mercedes Johnson sold 625 shares of common stock for $266.98 per share on February 5, 2026, under a pre-arranged 10b5-1 trading plan.

Summary

• Mercedes Johnson, a Director of Teradyne, Inc. (TER), executed a sale of common stock.
• On February 5, 2026, Johnson disposed of 625 shares of Teradyne common stock.
• The shares were sold at a price of $266.98 per share.
• This transaction was conducted pursuant to a Rule 10b5-1 sales plan adopted by Johnson on February 3, 2025.
• Following the transaction, Mercedes Johnson directly beneficially owns 7,613 shares of Teradyne common stock.
• Additionally, 1,876 shares are indirectly beneficially owned by The Mercedes Johnson Trust UAD 07/23/04, for which Johnson is the trustee and sole beneficiary.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral-to-slightly-negative event. While it represents a reduction in direct insider ownership, the execution under a pre-arranged 10b5-1 plan suggests it is not an opportunistic sale based on new, adverse information.

Positives

• The sale was executed under a pre-arranged Rule 10b5-1 trading plan, indicating the transaction was not based on new, non-public information and was scheduled in advance.

Negatives

• An insider selling shares, even under a pre-arranged plan, reduces their direct ownership stake and can be perceived as a slight negative signal regarding future stock price appreciation.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, even when executed under Rule 10b5-1 plans, are routinely monitored by investors for potential signals regarding management's confidence. However, the pre-planned nature of such sales generally mitigates immediate concerns of opportunistic selling based on undisclosed negative information.

Stakeholder Impact

• Shareholders may perceive a slight negative signal from the reduction in direct insider ownership, although the pre-planned nature of the sale under a 10b5-1 plan typically lessens the impact compared to an unplanned sale.

Key Dates

Recommendation

The sale of 625 shares by a director, executed under a pre-arranged 10b5-1 plan, is a routine event and does not provide new material information to warrant a change in investment thesis. Investors should continue to monitor overall insider activity and company fundamentals.

Keywords

Teradyne, TER, Form 4, insider trading, stock sale, Mercedes Johnson, 10b5-1 plan, director