Small Rule 10b5-1 stock sale by Teradyne (TER) product test chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradyne executive Regan Mills reported a small stock sale. As President, Product Test at Teradyne, Mills sold 16 shares of common stock on April 8, 2026 at $342.17 per share, leaving 11,399.3452 shares directly owned.
According to the footnote, this additional sale corrected the number of shares previously withheld to cover taxes on restricted stock units that vested on April 1, 2026. The trade was made under a pre-arranged sales plan adopted on November 25, 2025 and intended to comply with Rule 10b5-1, indicating it was part of a scheduled program rather than a discretionary market-timing decision.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16 shares ($5,475)
Net Sell
1 txn
Insider
Mills Regan
Role
President, Product Test
Sold
16 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16 | $342.17 | $5K |
Holdings After Transaction:
Common Stock — 11,399.345 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 16 shares
Sale price per share: $342.17
Shares owned after sale: 11,399.3452 shares
+2 more
5 metrics
Shares sold
16 shares
Open-market sale on April 8, 2026
Sale price per share
$342.17
Teradyne common stock transaction on April 8, 2026
Shares owned after sale
11,399.3452 shares
Direct ownership by Regan Mills following the trade
RSU vesting date
April 1, 2026
Restricted stock units whose tax withholding was corrected
10b5-1 plan adoption date
November 25, 2025
Sales plan governing the April 8, 2026 transaction
Key Terms
restricted stock units, Rule 10b5-1, sales plan, tax withholding obligations
4 terms
restricted stock units financial
"tax withholding obligations in connection with the vesting of restricted stock units on April 1, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
sales plan financial
"pursuant to a sales plan adopted by the Reporting Person on November 25, 2025"
tax withholding obligations financial
"shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations"
FAQ
What did Teradyne (TER) executive Regan Mills report in this Form 4?
Regan Mills reported selling 16 shares of Teradyne common stock. The sale occurred on April 8, 2026 at $342.17 per share and was a very small transaction relative to Mills’ remaining direct ownership of 11,399.3452 shares after the trade.
Was the Teradyne (TER) stock sale by Regan Mills made under a Rule 10b5-1 plan?
Yes. The footnote states the 16-share sale on April 8, 2026 was made under a sales plan adopted on November 25, 2025 and intended to comply with Rule 10b5-1, indicating it was pre-arranged rather than an opportunistic market-timing trade.