Teradyne (TER) director Ernest Maddock receives 668 time-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MADDOCK ERNEST E reported acquisition or exercise transactions in this Form 4 filing.
TERADYNE, INC director Ernest E. Maddock reported a compensation-related stock award. He received 668 restricted stock units (RSUs) of Common Stock under the company’s 2006 Equity and Cash Compensation Incentive Plan, with no purchase price.
Each RSU represents one share of Teradyne common stock. The RSUs are time-based and will vest in full on the earlier of May 8, 2027 or the date of Teradyne’s 2027 Annual Meeting of Shareholders. Following this grant, Maddock directly holds 10,265 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MADDOCK ERNEST E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 668 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,265 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 668 RSUs
Post-transaction holdings: 10,265 shares
Vesting date: May 8, 2027
3 metrics
RSU grant size
668 RSUs
Restricted stock units granted on May 8, 2026
Post-transaction holdings
10,265 shares
Total common shares held directly after award
Vesting date
May 8, 2027
RSUs vest on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units ("RSUs"), 2006 Equity and Cash Compensation Incentive Plan, Annual Meeting of Shareholders
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's 2006 Equity and Cash Compensation Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2006 Equity and Cash Compensation Incentive Plan financial
"granted to the Reporting Person under the Issuer's 2006 Equity and Cash Compensation Incentive Plan."
FAQ
What insider transaction did TER director Ernest Maddock report on this Form 4?
Director Ernest E. Maddock reported receiving 668 restricted stock units (RSUs) of Teradyne common stock as a compensation award, with no cash paid. This is a non-market grant, not an open-market purchase or sale.
When do Ernest Maddock’s 668 Teradyne RSUs vest?
The 668 RSUs will vest in full on the earlier of May 8, 2027 or the date of Teradyne’s 2027 Annual Meeting of Shareholders. Vesting must occur before the RSUs convert into actual common shares.
What does each restricted stock unit (RSU) for Teradyne (TER) represent?
Each Teradyne RSU represents the right to receive one share of Teradyne common stock upon vesting. Holders do not receive the underlying shares until the time-based vesting condition is satisfied.
Under which plan were the 668 Teradyne RSUs granted to Ernest Maddock?
The 668 RSUs were granted under Teradyne’s 2006 Equity and Cash Compensation Incentive Plan. This plan provides equity-based compensation such as restricted stock units to directors and other eligible participants.