Form 4: Teradyne Executive John Lukez Sells Shares to Cover Tax Obligations

Teradyne executive John Lukez sold a total of 274 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• John Lukez, President of LitePoint Corp. at Teradyne, Inc., sold shares of the company's common stock.
• The sales were executed on January 28, 2025, and January 29, 2025.
• A total of 138 shares were sold on January 28 at a price of $121.95 per share.
• A total of 136 shares were sold on January 29 at a price of $122.05 per share.
• These sales were to cover tax withholding obligations related to the vesting of restricted stock units.
• Following these transactions, Mr. Lukez still directly owns 2,983 shares of Teradyne stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across the technology industry.
• Many companies use restricted stock units as part of their compensation packages, leading to similar transactions by executives at companies like Texas Instruments, Analog Devices, and Qualcomm.

Stakeholder Impact

• The stock sales are unlikely to have a significant impact on shareholders, as they are routine transactions for tax purposes.

Key Dates

Keywords

Teradyne, John Lukez, stock sale, insider trading, restricted stock units, tax obligations, LitePoint Corp