TER Insider Trade: Mercedes Johnson Sells 625 Shares via 10b5-1 Plan
Rhea-AI Filing Summary
SEC Form 4 – Teradyne, Inc. (TER)
- Director Mercedes Johnson sold 625 common shares on 08/05/2025 at $106 per share.
- The disposition was made pursuant to a Rule 10b5-1 trading plan adopted 02/03/2025, indicating a pre-scheduled, compliance-driven sale.
- Post-transaction ownership: 11,363 shares held directly; an additional 1,876 shares held indirectly through The Mercedes Johnson Trust.
No derivative securities were reported and no other transactions were disclosed. The 625-share sale represents a small fraction of the director’s total holdings; therefore, the filing appears routine with limited immediate investment significance.
Positive
- None.
Negative
- None.
Insights
TL;DR: Minor, pre-planned insider sale; neutral signal for TER investors.
The 625-share sale equates to roughly 5% of Ms. Johnson’s direct stake and less than 0.01% of TER’s float. Because the trade was executed under a Rule 10b5-1 plan adopted months earlier, it is unlikely to reflect real-time sentiment about Teradyne’s fundamentals. With total beneficial ownership still over 13 k shares, there is no evidence of broad insider unloading. I view the disclosure as routine compliance rather than a catalyst. Market impact should be negligible unless followed by larger or multiple insider disposals.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 625 | $106.00 | $66K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The shares were sold pursuant to a sales plan adopted by the Reporting Person on February 3, 2025 and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934. Shares held by The Mercedes Johnson Trust UAD 07/23/04 (the "Trust"), of which the Reporting Person is the trustee and sole beneficiary.