Teradyne (TER) director receives 668 time-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Henry Andrew Chisholm reported acquisition or exercise transactions in this Form 4 filing.
Teradyne, Inc. director Henry Andrew Chisholm received a grant of 668 restricted stock units (RSUs), each representing one share of common stock. These time-based RSUs vest in full on the earlier of May 8, 2027 or the company’s 2027 annual shareholder meeting. Following this grant, he holds 2,875 shares directly.
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 | 668 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,875 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 668 RSUs
Grant price: $0.0000 per share
Post-grant holdings: 2,875 shares
+1 more
4 metrics
RSU grant size
668 RSUs
Restricted stock units granted on May 8, 2026
Grant price
$0.0000 per share
Equity award, no cash paid by director
Post-grant holdings
2,875 shares
Total common shares held directly after grant
Vesting date
May 8, 2027
RSUs vest on this date or 2027 annual meeting, whichever is earlier
Key Terms
restricted stock units ("RSUs"), 2006 Equity and Cash Compensation Incentive Plan, time-based, vest
4 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
"RSUs granted to the Reporting Person under the Issuer's 2006 Equity and Cash Compensation Incentive Plan."
time-based financial
"The RSUs are time-based, and will vest in full on the earlier of May 8, 2027 or the date of the Issuer's 2027 Annual Meeting of Shareholders."
vest financial
"The RSUs are time-based, and will vest in full on the earlier of May 8, 2027 or the date of the Issuer's 2027 Annual Meeting of Shareholders."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Teradyne (TER) director Henry Andrew Chisholm report on this Form 4?
Henry Andrew Chisholm reported receiving 668 restricted stock units in Teradyne common stock. The award was granted at no cash cost and increased his direct holdings to 2,875 shares following the transaction, according to the Form 4 disclosure.
How many Teradyne (TER) RSUs were granted to Henry Andrew Chisholm?
He was granted 668 restricted stock units of Teradyne common stock. Each RSU represents the right to receive one share, providing equity-based compensation that aligns the director’s interests with shareholders over the vesting period described in the award terms.
When do Henry Andrew Chisholm’s Teradyne (TER) RSUs vest?
The RSUs vest in full on the earlier of May 8, 2027 or the date of Teradyne’s 2027 Annual Meeting of Shareholders. This time-based schedule encourages longer-term alignment between the director and shareholders through continued board service.
Under which plan were the Teradyne (TER) RSUs granted to Henry Andrew Chisholm?
The RSUs were granted under Teradyne’s 2006 Equity and Cash Compensation Incentive Plan. This plan allows the company to provide directors with stock-based awards, supporting retention and aligning compensation with the company’s long-term performance and shareholder interests.