Poulin Shannon John 4
Research Summary
AI-generated summary
Teradyne (TER) President Shannon Poulin Receives RSU and Derivative Award
What Happened
Shannon Poulin, President, Semiconductor Test at Teradyne (TER), was granted equity awards on February 4, 2026: 4,460 restricted stock units (RSUs) and 3,937 derivative awards. Both grants show an acquisition price of $0.00 (typical for awards); the combined award equals 8,397 units. The Form 4 was filed on February 6, 2026.
Key Details
- Transaction date: February 4, 2026; Form 4 filed February 6, 2026 (appears timely — two days after the grant).
- Grants recorded at $0.00 per share; total reported acquisition value $0 (reflects award, not open-market purchase).
- RSU vesting (footnote F1): the 4,460 RSUs vest in four equal annual installments beginning February 4, 2027.
- Derivative award (3,937) vesting (footnote F3): vests 25% per year over four years beginning February 4, 2027 (suggests option-style vesting).
- Footnote F2: the filing also notes 64.5779 shares acquired under the company Employee Stock Purchase Plan on December 31, 2025.
- The excerpt does not list a total post-transaction share ownership number beyond the ESPP amount noted.
Context
- RSUs are rights to receive shares in the future as they vest — they are not immediate open-market purchases or sales and typically indicate compensation, not a directional trade.
- The derivative award appears to be an option-like grant with multi-year vesting; these typically require waiting for vesting before conversion to shares.
- No sales or exercises were reported in this filing; this is a grant/compensation event rather than a buy or sell.