Teradyne (TER) CEO receives new RSU and stock option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradyne, Inc. reported that President and CEO Gregory Stephen Smith received new equity awards. On February 4, 2026, he was granted 13,380 restricted stock units, each representing one share of common stock, which vest in four equal annual installments beginning on February 4, 2027.
On the same date, he was also granted a stock option for 11,810 shares of common stock at an exercise price of $269.07 per share, vesting 25% per year over four years starting on February 4, 2027. After these grants, he beneficially owned 128,469.5729 shares of common stock directly and 11,810 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith Gregory Stephen
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 11,810 | $0.00 | -- |
| Grant/Award | Common Stock | 13,380 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 11,810 shares (Direct);
Common Stock — 128,469.573 shares (Direct)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's 2006 Equity and Cash Compensation Incentive Plan. Each RSU represents the right to receive one share of Common Stock. The RSUs will vest in four equal annual installments beginning on February 4, 2027, the first anniversary of the grant. The option vests 25% per year over four years beginning on February 4, 2027, the first anniversary of the grant.
FAQ
What equity awards did Teradyne (TER) grant to CEO Gregory Stephen Smith?
Teradyne granted Gregory Stephen Smith 13,380 restricted stock units and a stock option for 11,810 shares of common stock. Both awards were granted on February 4, 2026 and are part of the company’s 2006 Equity and Cash Compensation Incentive Plan.
How do the new Teradyne (TER) RSUs for the CEO vest?
The 13,380 RSUs granted to Gregory Stephen Smith vest in four equal annual installments. Vesting begins on February 4, 2027, which is the first anniversary of the grant date, and continues annually over the following three years.
What are the terms of the new stock options granted to Teradyne (TER)’s CEO?
Gregory Stephen Smith received a stock option for 11,810 shares of common stock with an exercise price of $269.07 per share. The option vests 25% per year over four years, starting on February 4, 2027, and expires on February 4, 2033.
Were the Teradyne (TER) CEO’s new equity awards purchased for cash?
No, the reported grants to Gregory Stephen Smith show a price of $0 for both the 13,380 RSUs and the 11,810 stock options. This indicates they were awarded as part of his compensation rather than purchased on the open market.
What is the role of Gregory Stephen Smith at Teradyne (TER)?
Gregory Stephen Smith is identified as both a Director and an Officer of Teradyne, serving as President and CEO. The Form 4 discloses equity compensation transactions related to his executive and board roles at the company.