Form 4: Teradyne Executive Richard John Burns Reports Stock Transactions

Richard John Burns, President of Semiconductor Test at Teradyne, Inc., reported the exercise of stock options and sale of common stock on May 20, 2024, according to a Form 4 filing with the SEC.

Summary

• Richard John Burns, President of Semiconductor Test at Teradyne, Inc., filed a Form 4 with the SEC.
• The report details transactions that occurred on May 20, 2024.
• Burns exercised stock options to acquire 2,364 shares at $81.30, 1,602 shares at $112.12 and 1,039 shares at $103.44.
• He then sold 2,364 shares at $135 and 2,641 shares at $140.
• These transactions were executed under a pre-arranged sales plan adopted on February 15, 2024, to comply with Rule 10b5-1.
• Following these transactions, Burns directly owns 21,779.8691 shares of Teradyne common stock.
• He also holds options to purchase 789 shares at $81.30, 1,603 shares at $112.12 and 3,118 shares at $103.44.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider trading activities.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding insider trading activities.

Key Dates