Form 4: Teradyne Executive John Francis Wood Reports Stock Transactions
SEC Form 4 Filing
John Francis Wood, President of System Test Group at Teradyne, reports acquisition and disposal of company stock and restricted stock units.
Summary
- On January 31, 2025, John Francis Wood acquired 4,319 shares of Teradyne common stock through restricted stock units (RSUs) granted under the company's 2006 Equity and Cash Compensation Incentive Plan.
- These RSUs vest in four equal annual installments starting January 31, 2026.
- On February 3, 2025, Wood disposed of 191 shares of common stock at a price of $111.09 per share to cover tax withholding obligations related to the vesting of RSUs.
- Following these transactions, Wood beneficially owns 14,137.1251 shares of Teradyne common stock.
Sentiment
Score: 5
Explanation: The document reflects standard insider trading activity related to equity compensation, indicating a neutral sentiment.
Future Outlook
The RSUs will vest in four equal annual installments beginning on January 31, 2026.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It's a standard practice for publicly traded companies and their officers.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Grant date of 4,319 restricted stock units (RSUs). |
| 01/31/2026 | First vesting date for the granted RSUs, with vesting occurring in four equal annual installments. |
| 02/03/2025 | Date of disposal of 191 shares to cover tax withholding obligations. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
Keywords
Teradyne, John Francis Wood, stock, RSU, restricted stock units, beneficial ownership, Form 4, insider trading
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