Form 4: Teradyne Executive Richard John Burns Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Richard John Burns, President of Semiconductor Test at Teradyne, Inc., sold 445 shares of common stock at $111.49 per share on February 4, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On February 4, 2025, Richard John Burns, President of Semiconductor Test at Teradyne, Inc., sold 445 shares of common stock.
- The sale was executed at a price of $111.49 per share.
- Following the transaction, Burns directly owns 25,190.7519 shares of Teradyne common stock.
- The sale was conducted under a pre-arranged trading plan adopted on February 15, 2024, to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports a stock sale under a pre-arranged plan, which is a routine event.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects.
Stakeholder Impact
- The stock sale by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect given the pre-planned nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Date the Reporting Person adopted the sales plan. |
| 02/04/2025 | Date of the transaction (stock sale). |
| 02/05/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Teradyne, Richard John Burns, Semiconductor Test, Stock Sale, 10b5-1 Plan, Beneficial Ownership
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