Teradyne (TER) director Peter Herweck receives 668 RSUs vesting by 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Herweck Peter reported acquisition or exercise transactions in this Form 4 filing.
Teradyne, Inc. director Peter Herweck received a grant of 668 restricted stock units (RSUs) of Common Stock. The award was granted under Teradyne's 2006 Equity and Cash Compensation Incentive Plan as a form of equity compensation rather than a cash purchase.
Each RSU represents the right to receive one share of Common Stock. The RSUs are time-based and will vest in full on the earlier of May 8, 2027 or the date of Teradyne's 2027 Annual Meeting of Shareholders. After this grant, Herweck directly holds 16,134 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Herweck Peter
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 668 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,134 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 668 RSUs
Price per share for grant: $0.0000 per share
Shares held after transaction: 16,134 shares
+1 more
4 metrics
RSUs granted
668 RSUs
Time-based equity award to director on May 8, 2026
Price per share for grant
$0.0000 per share
Indicates stock-based compensation, not a cash purchase
Shares held after transaction
16,134 shares
Director’s direct holdings following RSU grant
Vesting date
Earlier of May 8, 2027 or 2027 annual meeting
Full vesting schedule for the RSUs
Key Terms
restricted stock units ("RSUs"), 2006 Equity and Cash Compensation Incentive Plan, time-based, Annual Meeting of Shareholders
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2006 Equity and Cash Compensation Incentive Plan financial
"RSUs granted to the Reporting Person under the Issuer's 2006 Equity and Cash Compensation Incentive Plan"
time-based financial
"The RSUs are time-based, and will vest in full on the earlier of May 8, 2027"
FAQ
What did Teradyne (TER) director Peter Herweck report in this Form 4?
Peter Herweck reported receiving 668 restricted stock units (RSUs) of Teradyne Common Stock. The award is a stock-based compensation grant under the company’s 2006 Equity and Cash Compensation Incentive Plan, rather than an open-market share purchase or sale.
What are the vesting terms of Peter Herweck’s new Teradyne (TER) RSUs?
The 668 RSUs granted to Peter Herweck vest in full on the earlier of May 8, 2027 or the date of Teradyne’s 2027 Annual Meeting of Shareholders. Vesting is time-based, with no performance conditions disclosed in the filing.
What does each RSU granted to Peter Herweck by Teradyne (TER) represent?
Each restricted stock unit (RSU) granted to Peter Herweck represents the right to receive one share of Teradyne Common Stock. Once the RSUs vest on the specified date, they convert into actual shares, increasing his direct share ownership.
Was cash paid for the 668 Teradyne (TER) RSUs granted to Peter Herweck?
No cash was paid for the 668 RSUs granted to Peter Herweck; the price per share is reported as $0.0000. This indicates the award is a stock-based compensation grant under Teradyne’s 2006 Equity and Cash Compensation Incentive Plan.
Under which plan were Peter Herweck’s Teradyne (TER) RSUs granted?
The RSUs were granted under Teradyne’s 2006 Equity and Cash Compensation Incentive Plan. This plan provides equity and cash awards to directors and other eligible participants as part of the company’s compensation and incentive structure.