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Teradyne (TER) director Peter Herweck receives 668 RSUs vesting by 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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"
Annual Meeting of Shareholders financial
"or the date of the Issuer's 2027 Annual Meeting of Shareholders"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
SEC Form 4
FORM 4UNITED 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*
Herweck Peter

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

(Street)
NORTH READING MASSACHUSETTS 01864

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TERADYNE, INC [ TER ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/08/2026A668(1)A$016,134D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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 are time-based, and will vest in full on the earlier of May 8, 2027 or the date of the Issuer's 2027 Annual Meeting of Shareholders.
/s/ Ryan E. Driscoll, Attorney-in-Fact05/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many Teradyne (TER) shares does Peter Herweck hold after this RSU grant?

After this RSU grant, Peter Herweck directly holds 16,134 shares of Teradyne Common Stock. This total reflects his position following the award of 668 restricted stock units reported in the current Form 4 filing.

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.