TUFANO PAUL J 4

What Happened

• Paul J. Tufano, a director of Teradyne, was credited with 25 deferred stock units (DSUs) on March 13, 2026. The units were recorded at $0.00 per unit (they are dividend equivalents, not a cash purchase) and the reported transaction type is an "other acquisition" (code J).
• This is not an open-market purchase or sale by the director; it reflects dividend reinvestment into DSUs rather than a cash transaction, so it should be viewed as an administrative credit rather than a directional trading signal.

Key Details

• Transaction date: 2026-03-13; Filing date (accession): 2026-03-17.
• Price: $0.00 per unit; Shares/units acquired: 25; Reported value: $0.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: The DSUs represent dividend equivalents credited as additional DSUs (F1). These DSUs are exempt under Exchange Act Rule 16b-3(d) and are settled one-for-one in common stock generally within 90 days after the director leaves the board.
• Timeliness: The Form 4 was filed on 2026-03-17 for a 2026-03-13 transaction; this appears to be within the standard two-business-day filing window.

Context

• DSUs are a common way for non-employee directors to receive dividend payments as additional units instead of cash. They are administrative and do not necessarily indicate a director buying or selling stock for investment reasons.
• Because these units convert to shares only upon separation from board service, they are different from immediate share purchases or option exercises that could signal near-term insider conviction.