Teradyne (TER) CEO sells 4,000 shares under Rule 10b5-1 stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradyne, Inc. President and CEO Gregory Stephen Smith reported an open-market sale of 4,000 shares of common stock on July 15, 2026 at $356.31 per share. The transaction was effected under a sales plan adopted on February 12, 2026 intended to comply with Rule 10b5-1. After the sale, he holds 116,495.4075 shares directly, including 25.8346 shares acquired through the Employee Stock Purchase Plan on June 30, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 4,000 shares ($1,425,240)
Net Sell
1 txn
Insider
Smith Gregory Stephen
Role
President and CEO
Sold
4,000 shs ($1.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $356.31 | $1.43M |
Holdings After Transaction:
Common Stock — 116,495.408 shares (Direct)
Footnotes (1)
- The reported transactions were effected pursuant to a sales plan adopted by the Reporting Person on February 12, 2026 and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934. Includes 25.8346 shares acquired under the Issuer's Employee Stock Purchase Plan on June 30, 2026.
Key Figures
Shares sold: 4,000 shares
Sale price: $356.31 per share
Shares held after sale: 116,495.4075 shares
+2 more
5 metrics
Shares sold
4,000 shares
Open-market sale of common stock on July 15, 2026
Sale price
$356.31 per share
Price for the 4,000 shares of common stock sold
Shares held after sale
116,495.4075 shares
Direct Teradyne common stock ownership following the transaction
ESPP shares included
25.8346 shares
Shares acquired under Employee Stock Purchase Plan on June 30, 2026
10b5-1 plan adoption date
February 12, 2026
Date the Rule 10b5-1 sales plan governing the trades was adopted
Key Terms
Rule 10b5-1, open-market sale, Employee Stock Purchase Plan
3 terms
Rule 10b5-1 regulatory
"intended to comply with Rule 10b5-1 under the Securities Exchange Act"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action: open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Purchase Plan financial
"Includes 25.8346 shares acquired under the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Teradyne (TER) CEO Gregory Stephen Smith report in this Form 4?
Gregory Stephen Smith reported an open-market sale of 4,000 Teradyne shares on July 15, 2026 at $356.31 per share. The transaction was executed under a Rule 10b5-1 sales plan adopted on February 12, 2026.
Was the Teradyne (TER) CEO’s stock sale made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a sales plan adopted February 12, 2026, intended to comply with Rule 10b5-1 under the Exchange Act, indicating a pre-arranged trading framework.
What role does Gregory Stephen Smith hold at Teradyne (TER)?
Gregory Stephen Smith is identified as President and CEO of Teradyne, Inc.. His Form 4 filing reports his personal open-market sale of 4,000 shares and his remaining direct holdings after the transaction.