Teradyne (TER) CEO sells 8,597 shares and exercises options under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradyne, Inc. President and CEO Gregory Stephen Smith exercised stock options for 4,597 shares of common stock at $72.10 per share and sold 8,597 shares at $338.98 per share. After these transactions, he directly holds 124,469.5729 common shares. The trades were executed under a pre-arranged Rule 10b5-1 sales plan adopted on February 12, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,597 shares ($2,914,211)
Net Sell
3 txns
Insider
Smith Gregory Stephen
Role
President and CEO
Sold
8,597 shs ($2.91M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 4,597 | $0.00 | -- |
| Exercise | Common Stock | 4,597 | $72.10 | $331K |
| Sale | Common Stock | 8,597 | $338.98 | $2.91M |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 133,066.573 shares (Direct, null)
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. This option was granted under the Issuer's 2006 Equity and Cash Compensation Incentive Plan, and became exercisable at the rate of 25% per year beginning on January 24, 2021, the first anniversary of the grant.
Key Figures
Shares sold: 8,597 shares
Sale price: $338.98 per share
Options exercised: 4,597 shares
+4 more
7 metrics
Shares sold
8,597 shares
Open-market sale of common stock on May 15, 2026 at $338.98
Sale price
$338.98 per share
Price for 8,597 common shares sold on May 15, 2026
Options exercised
4,597 shares
Stock option exercise of common stock on May 15, 2026
Exercise price
$72.10 per share
Conversion or exercise price for 4,597 option shares
Shares owned after sale
124,469.5729 shares
Direct common stock ownership after transactions
Net buy/sell shares
-8,597 shares
Net-sell direction from transaction summary
Exercise shares (summary)
4,597 shares
ExerciseShares in transactionSummary for derivative exercise
Key Terms
Rule 10b5-1, Stock Option (Right to Buy), 2006 Equity and Cash Compensation Incentive Plan, open-market sale
4 terms
Rule 10b5-1 regulatory
"intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934"
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.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
2006 Equity and Cash Compensation Incentive Plan financial
"This option was granted under the Issuer's 2006 Equity and Cash Compensation Incentive Plan"
open-market sale financial
"transaction_action": "open-market sale""
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.
FAQ
What insider transactions did TER CEO Gregory Stephen Smith report?
Gregory Stephen Smith reported exercising stock options for 4,597 Teradyne shares at $72.10 and selling 8,597 common shares at $338.98. These combined actions reflect an option exercise paired with an open-market sale on the same day.
What options did the Teradyne CEO exercise in this Form 4 filing?
The CEO exercised a stock option covering 4,597 Teradyne shares at a conversion or exercise price of $72.10 per share. The option was granted under the 2006 Equity and Cash Compensation Incentive Plan and vested 25% each year starting January 24, 2021.
Does the Teradyne CEO have remaining derivative options after these transactions?
The Form 4 shows a derivative transaction for 4,597 option shares with a post-transaction derivative balance of 0.0000, and the derivative summary is empty. This indicates the specific reported stock option position was fully exercised in this filing.