Teradyne (TER) director gains 52 deferred stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradyne, Inc. director Henry Andrew Chisholm reported a routine compensation-related transaction in the form of deferred stock units. On the reported date, he acquired 52 units of Common Stock at no cash cost as a grant or award, reflecting his deferral of quarterly cash compensation into deferred stock units. Following this transaction, he directly holds 2,927 shares or units tied to Common Stock. The deferred stock units are calculated based on the closing price on their issuance date and are generally settled one-for-one in Common Stock within ninety days after he stops serving as a non-employee director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Henry Andrew Chisholm
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 52 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,927 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 52 shares
Post-transaction holdings: 2,927 shares
Price per share: $0.0000 per share
+1 more
4 metrics
Shares acquired
52 shares
Grant/award acquisition of Common Stock via deferred stock units
Post-transaction holdings
2,927 shares
Total direct ownership of Common Stock after the grant
Price per share
$0.0000 per share
Compensation-related grant with no cash consideration
Settlement timing
Within ninety days
DSUs settled in Common Stock after director no longer serves
Key Terms
deferred stock units, DSUs, Common Stock, non-employee director
4 terms
deferred stock units financial
"Represents the Reporting Person's deferral of his quarterly cash compensation into deferred stock units ("DSUs")."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
DSUs financial
"The number of DSUs is calculated based on the closing price of the Common Stock on their date of issuance."
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
Common Stock financial
"The number of DSUs is calculated based on the closing price of the Common Stock on their date of issuance."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-employee director financial
"DSUs are settled one-for-one in Common Stock generally within ninety days of the date as of which a non-employee director no longer serves in such capacity."
FAQ
What insider transaction did Teradyne (TER) director Henry Chisholm report?
Henry Andrew Chisholm reported acquiring 52 shares of Teradyne Common Stock through a grant of deferred stock units. This reflects his decision to take part of his quarterly director cash compensation in stock-linked form instead of cash, as disclosed in the filing’s footnote.
What are deferred stock units (DSUs) in the Teradyne (TER) director filing?
Deferred stock units are bookkeeping entries that track future rights to Teradyne Common Stock. In this case, DSUs arise from deferring quarterly cash compensation and are calculated using the stock’s closing price on the issuance date, then settled in actual shares after board service ends.
When will Teradyne (TER) deferred stock units for Henry Chisholm be settled?
The deferred stock units will generally be settled one-for-one in Teradyne Common Stock within ninety days after Henry Andrew Chisholm no longer serves as a non-employee director. This timing is specified in the footnote describing the director compensation deferral arrangement.