Form 4: Teradyne Executive Richard John Burns Reports Stock Transactions

Richard John Burns, President of Semiconductor Test at Teradyne, reports the exercise of stock options and subsequent sale of shares, along with tax withholding transactions.

Summary

• On October 1, 2024, Richard John Burns, President of Semiconductor Test at Teradyne, exercised stock options to acquire 789 shares of common stock at a price of $81.30.
• Simultaneously, Burns sold 789 shares of common stock at $132.80 per share.
• Additionally, 358 shares were withheld by Teradyne to cover tax obligations related to vesting restricted stock units at a price of $128.99.
• On October 2, 2024, Burns sold 191 shares at $129.68.
• Following these transactions, Burns directly owns 21,315.161 shares of Teradyne common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies. Monitoring these transactions can provide insights into management's perspective on the company's valuation and future prospects. It is important to note that these transactions are often part of pre-arranged plans, such as the 10b5-1 plan mentioned in the document.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely minimal given the volume of shares traded daily.

Key Dates