TER insider: 49 deferred stock units added; holdings total 64,569 share-equivalents
Rhea-AI Filing Summary
Paul J. Tufano, a director of Teradyne, Inc. (TER), acquired 49 deferred stock units (DSUs) on 09/29/2025 at no cash cost, recorded as an exempt transaction under Exchange Act Rule 16b-3(d). After the acquisition the reporting person beneficially owned 64,569 shares or share-equivalents. The filing states these DSUs represent dividend reinvestment into additional DSUs and are settled one-for-one in common stock generally within ninety days after the director ceases to serve as a non-employee director.
This is a routine director compensation election converting dividend payouts into additional DSUs rather than cash; the transaction increases the director’s long-term alignment with shareholders but does not show any exercised options, sales, or derivative activity in this filing.
Positive
- Transaction is exempt under Exchange Act Rule 16b-3(d), indicating compliance with insider transaction exemptions for director compensation
- DSUs settle one-for-one in common stock, creating a clear and direct mechanism that aligns the director's holdings with shareholders over time
Negative
- None.
Insights
TL;DR: Routine director compensation via dividend-reinvested DSUs; aligns director interests with shareholders and is administratively exempt.
The filing documents a small grant of 49 DSUs to a non-employee director under an election to receive dividends as additional DSUs. Because the acquisition is exempt under Rule 16b-3(d), it follows standard governance practices for director compensation and avoids short-swing profit liability. The DSUs convert one-for-one to common stock on termination of service, reinforcing long-term share ownership rather than immediate cash compensation.
TL;DR: Immaterial insider acquisition for compensation purposes; negligible direct impact on TER share count or financials.
The reported 49 DSUs were acquired at a $0 price as a reinvestment of dividends, increasing the reporting person's beneficial holdings to 64,569 share-equivalents. This is a non-cash, routine change in beneficial ownership that does not reflect open-market purchases or dispositions and is unlikely to affect near-term supply/demand for TER shares or company financial statements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 49 | $0.00 | $0.00 |
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 16b-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.
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