Teradyne director credited 4 deferred stock units
Teradyne, Inc. director Peter Herweck reported a small, routine equity compensation adjustment.
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Form Type
4
Rhea-AI Filing Summary
Teradyne, Inc. director Peter Herweck reported a small, routine equity compensation adjustment. On the reported date, he was credited with 4 deferred stock units (DSUs) tied to dividends on existing DSUs, rather than receiving cash.
Following this transaction, Herweck holds 16,138 shares/units of Teradyne common stock in total. The DSUs are designed to be settled one-for-one in common stock, generally within ninety days after he no longer serves as a non-employee director.
Insider Trade Summary
Other: 4 shares
Other
1 txn
Insider
Herweck Peter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 4 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 16,138 shares (Direct)
Footnotes (1)
- F1. Represents deferred stock units ("DSUs") issued to the Reporting Person in accordance with his election to receive dividends paid on DSUs in the form of additional DSUs in lieu of cash. Such acquisition is exempt under Exchange Act Rule l 6b-3( d). 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.
Key Figures
DSUs credited: 4 units
Holdings after transaction: 16,138 shares/units
Transaction code: J
+1 more
4 metrics
DSUs credited
4 units
Dividend-equivalent deferred stock units credited to director
Holdings after transaction
16,138 shares/units
Total Teradyne common stock and DSUs after Form 4 event
Transaction code
J
Other acquisition or disposition of common stock
Transaction date
2026-06-12
Date DSUs were credited to the director
Key Terms
deferred stock units, DSUs, Exchange Act Rule 16b-3(d), non-employee director
4 terms
deferred stock units financial
"Represents deferred stock units ("DSUs") issued to the Reporting Person"
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
"dividends paid on DSUs in the form of additional DSUs in lieu of cash"
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.
Exchange Act Rule 16b-3(d) regulatory
"Such acquisition is exempt under Exchange Act Rule l 6b-3( d)."
non-employee director financial
"within ninety days of the date as of which a non-employee director no longer serves"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Teradyne (TER) director Peter Herweck report in this Form 4?
Peter Herweck reported receiving 4 deferred stock units (DSUs) tied to dividends on existing DSUs. These units are issued instead of cash dividends and represent a routine, compensation-related adjustment for his non-employee director service.
What are deferred stock units (DSUs) in the context of Teradyne (TER)?
Deferred stock units, or DSUs, are share-based awards that track Teradyne’s common stock and are typically settled in shares at a later date. For this director, DSUs are generally settled one-for-one in common stock after he stops serving as a non-employee director.
Why did Teradyne (TER) issue DSUs instead of cash dividends to the director?
The director elected to receive dividends on his existing DSUs in the form of additional DSUs instead of cash. This election converts dividend payments into more DSUs, increasing his deferred equity position rather than providing immediate cash income.
What does transaction code "J" mean in this Teradyne (TER) Form 4 filing?
Transaction code "J" indicates an "other acquisition or disposition" type event. Here, it covers the issuance of 4 DSUs as dividend equivalents, which is exempt under Exchange Act Rule 16b-3(d) and is not an open-market stock purchase or sale.
When will Peter Herweck’s Teradyne (TER) DSUs typically be settled into common stock?
According to the disclosure, the DSUs are expected to be settled one-for-one in Teradyne common stock generally within ninety days after Peter Herweck ceases serving as a non-employee director. Until then, they remain as deferred stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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