Sanjay Mehta - Jan 28, 2025 Form 4 Insider Report for TERADYNE, INC (TER)

Role
VP and Chief Financial Officer
Signature
/s/ Ryan E. Driscoll, Attorney-in-Fact
Stock symbol
TER
Transactions as of
Jan 28, 2025
Transactions value $
-$1,089,020
Form type
4
Date filed
1/30/2025, 06:42 PM
Previous filing
Jan 29, 2025
Next filing
Jan 31, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TER Common Stock Award $0 +6.69K +20.09% $0.00 40K Jan 28, 2025 Direct F1
transaction TER Common Stock Tax liability -$363K -2.97K -7.44% $121.95 37K Jan 28, 2025 Direct F2
transaction TER Common Stock Tax liability -$70.3K -576 -1.56% $122.05 36.4K Jan 29, 2025 Direct F3
transaction TER Common Stock Sale -$656K -5.34K -14.67% $122.90 31.1K Jan 29, 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person under the Issuer's 2006 Equity and Cash Compensation Incentive Plan on January 28, 2022. Each PRSU represents the right to receive one share of Common Stock. The number of PRSUs was determined and vested in full on January 28, 2025.
F2 Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units and PRSUs on January 28, 2025.
F3 Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units on January 29, 2025.
F4 The shares were sold pursuant to a sales plan adopted by the Reporting Person on May 20, 2024 and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.