Teradyne director gains 63 shares via equity award
TERADYNE, INC director Peter Herweck increased his equity stake through deferred stock compensation.
Rhea-AI Filing Summary
TERADYNE, INC director Peter Herweck increased his equity stake through deferred stock compensation. He acquired 63 shares of Common Stock at a stated price of $0.00 per share as a grant/award tied to his quarterly cash compensation.
Following this award, Herweck directly holds 16,201 shares of Common Stock. According to the disclosure, this represents a deferral of his quarterly cash compensation into deferred stock units, which are calculated using the closing price of the stock on the issuance date and are settled one-for-one in Common Stock after he no longer serves as a non-employee director.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 63 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the Reporting Person's deferral of his quarterly cash compensation into deferred stock units ("DSUs"). The number of DSUs is calculated based on the closing price of the Common Stock on their date of issuance. 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
Key Terms
deferred stock units financial
quarterly cash compensation financial
non-employee director financial
Common Stock financial
FAQ
What did TER (Teradyne, Inc) director Peter Herweck report on this Form 4?
Was the TER Form 4 transaction an open-market buy or a compensation grant?
What are deferred stock units (DSUs) in the TER director compensation context?
Does the TER Form 4 indicate any stock sales by Peter Herweck?
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