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Teradyne (TER) awards RSUs and stock options to VP, General Counsel

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Teradyne VP, General Counsel and Secretary Ryan Driscoll reported new equity awards. On February 4, 2026, he received 1,784 restricted stock units under Teradyne’s 2006 Equity and Cash Compensation Incentive Plan, each representing one share of common stock and vesting in four equal annual installments starting February 4, 2027.

He was also granted a stock option for 1,575 shares of common stock at an exercise price of $269.07 per share, vesting 25% per year over four years beginning February 4, 2027. Following the RSU grant, he beneficially owned 8,345.3054 shares of Teradyne common stock directly.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Driscoll Ryan

(Last) (First) (Middle)
C/O TERADYNE, INC.
600 RIVERPARK DRIVE

(Street)
NORTH READING MA 01864

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TERADYNE, INC [ TER ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, General Counsel, Secretary
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/04/2026 A 1,784(1) A $0 8,345.3054 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $269.07 02/04/2026 A 1,575 (2) 02/04/2033 Common Stock 1,575 $0 1,575 D
Explanation of Responses:
1. Represents restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's 2006 Equity and Cash Compensation Incentive Plan. Each RSU represents the right to receive one share of Common Stock. The RSUs will vest in four equal annual installments beginning on February 4, 2027, the first anniversary of the grant.
2. The option vests 25% per year over four years beginning on February 4, 2027, the first anniversary of the grant.
/s/ Ryan E. Driscoll 02/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Teradyne (TER) report for Ryan Driscoll?

Teradyne reported that VP, General Counsel and Secretary Ryan Driscoll received new equity awards on February 4, 2026. He was granted 1,784 restricted stock units and a stock option for 1,575 shares of common stock under the company’s 2006 incentive plan.

How many Teradyne RSUs were granted to Ryan Driscoll in this Form 4?

Ryan Driscoll received 1,784 restricted stock units from Teradyne. Each RSU represents the right to receive one share of common stock. These units were granted under Teradyne’s 2006 Equity and Cash Compensation Incentive Plan as part of his executive compensation.

What are the vesting terms for Ryan Driscoll’s Teradyne RSUs?

The 1,784 RSUs granted to Ryan Driscoll vest in four equal annual installments. Vesting begins on February 4, 2027, which is the first anniversary of the grant date, and continues annually over the following three years, subject to the plan’s conditions.

What stock options did Ryan Driscoll receive from Teradyne in this filing?

Ryan Driscoll received a stock option covering 1,575 shares of Teradyne common stock. The option has an exercise price of $269.07 per share and was granted on February 4, 2026, as reported in the derivative securities table of the Form 4.

How do Ryan Driscoll’s Teradyne stock options vest over time?

Driscoll’s option for 1,575 Teradyne shares vests 25% per year over four years. Vesting begins on February 4, 2027, the first anniversary of the grant, resulting in equal annual installments until fully vested, assuming continued eligibility under the plan.

How many Teradyne common shares does Ryan Driscoll own after this Form 4?

After the reported RSU grant, Ryan Driscoll beneficially owns 8,345.3054 shares of Teradyne common stock directly. This figure reflects his holdings following the February 4, 2026 transaction disclosed in the non-derivative securities table of the Form 4.

What Teradyne compensation plan governs Ryan Driscoll’s new equity awards?

Both the RSUs and stock options reported for Ryan Driscoll were granted under Teradyne’s 2006 Equity and Cash Compensation Incentive Plan. This plan provides for equity-based awards such as restricted stock units and stock options to eligible officers and other participants.
Teradyne

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