Form 4: Teradyne Executive Ujjwal Kumar Reports Stock Transactions

Ujjwal Kumar, President of Teradyne Robotics, reports acquisition and disposal of Teradyne (TER) stock and stock options.

Summary

• Ujjwal Kumar, President of Teradyne Robotics, filed a Form 4 detailing changes in beneficial ownership of Teradyne stock.
• On January 31, 2025, Kumar acquired 4,405 shares of common stock through restricted stock units (RSUs) at $0 per share.
• These RSUs will vest in four equal annual installments starting January 31, 2026.
• Also on January 31, 2025, Kumar acquired 3,808 stock options with an exercise price of $115.79.
• These options vest 25% per year over four years beginning on January 31, 2026.
• On February 3, 2025, 399 shares were withheld by Teradyne at a price of $111.09 to cover tax obligations related to RSU vesting.
• Following these transactions, Kumar directly owns 17,026 shares of common stock and 3,808 stock options.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares as RSUs vest and options are exercised.

Key Dates

Keywords

Form 4, beneficial ownership, stock options, restricted stock units, Teradyne, TER, Ujjwal Kumar, insider trading