Teradyne (TER) exec Poulin exercises options, sells 1,664 shares under 10b5-1 plan
Rhea-AI Filing Summary
Teradyne, Inc. executive Shannon John Poulin reported a mix of option exercises, tax withholding, and share sales in company stock. On May 21, 2026, he exercised stock options for 2,843 shares of common stock at an exercise price of $82.61 per share, then 1,531 shares were disposed of to cover the option exercise price and related tax-withholding obligations. Also on May 21, 2026, he sold 1,008 shares in open-market transactions at $345.37 per share, followed by an additional sale of 656 shares at $355.00 per share on May 22, 2026. The filing states that the sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 19, 2026, and after these transactions he directly holds approximately 15,722 shares of Teradyne common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Poulin Shannon John
Role
President, Semiconductor Test
Sold
1,664 shs ($581K)
Approx. gross sale proceeds
$581K
Approx. exercise cost
$235K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 656 | $355.00 | $233K |
| Exercise | Stock Option (Right to Buy) | 2,843 | $0.00 | $0.00 |
| Sale | Common Stock | 1,008 | $345.37 | $348K |
| Exercise | Common Stock | 2,843 | $82.61 | $235K |
| Exercise Price or Tax Liability | Common Stock | 1,531 | $345.98 | $530K |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,532 shares (Direct);
Common Stock — 15,721.5779 shares (Direct)
Footnotes (3)
- F1. The reported transactions were effected pursuant to a sales plan adopted by the Reporting Person on February 19, 2026 and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
- F2. Shares withheld by the Issuer to pay the exercise price of the stock option exercise reported in this Form 4 and to satisfy the Reporting Person's tax withholding obligations in connection with such exercise.
- F3. This option was granted under the Issuer's 2006 Equity and Cash Compensation Incentive Plan, and vests at the rate of 25% per year beginning on April 1, 2026, the first anniversary of the grant.
Key Figures
Open-market sale 1: 1,008 shares at $345.37
Open-market sale 2: 656 shares at $355.00
Options exercised: 2,843 shares at $82.61
+5 more
8 metrics
Open-market sale 1
1,008 shares at $345.37
Common Stock sale on May 21, 2026
Open-market sale 2
656 shares at $355.00
Common Stock sale on May 22, 2026
Options exercised
2,843 shares at $82.61
Stock option exercise on May 21, 2026
Tax-withholding shares
1,531 shares
Shares withheld for exercise price and taxes
Net shares sold
1,664 shares
Total common shares sold across two transactions
Post-transaction holdings
≈15,722 shares
Direct common stock held after final transaction
10b5-1 plan adoption date
February 19, 2026
Date sales plan intended to comply with Rule 10b5-1 was adopted
Option expiration
April 1, 2032
Expiration date for the exercised stock option grant
Key Terms
Rule 10b5-1, tax-withholding disposition, Stock Option (Right to Buy), open-market sale, +1 more
5 terms
Rule 10b5-1 regulatory
"intended to comply with Rule 10b5-1 under the Securities Exchange Act"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Equity and Cash Compensation Incentive Plan financial
"granted under the Issuer's 2006 Equity and Cash Compensation Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Teradyne (TER) executive Shannon Poulin report?
Shannon Poulin reported exercising stock options, disposing shares for taxes, and selling shares. He exercised 2,843 options, had 1,531 shares withheld for tax and exercise costs, and sold 1,664 shares in open-market transactions over two days.
What stock options did Shannon Poulin exercise in this Teradyne (TER) Form 4?
He exercised stock options covering 2,843 shares of Teradyne common stock. The options had a conversion or exercise price of $82.61 per share and were granted under Teradyne’s 2006 Equity and Cash Compensation Incentive Plan with vesting beginning on April 1, 2026.
What portion of Shannon Poulin’s Teradyne (TER) transactions were for tax withholding?
The filing shows 1,531 Teradyne shares were disposed of as a tax-withholding transaction. These shares were withheld by the company to pay the stock option exercise price and to satisfy Poulin’s related tax obligations rather than representing an open-market sale.