Sayiner Necip 4

What Happened

• Necip Sayiner, a director of Teradyne, Inc. (TER), was granted 668 restricted stock units (RSUs) on May 8, 2026. The Form 4 reports the acquisition code A (award/grant) at $0.00 per unit. These RSUs represent the right to receive one share of common stock per unit upon vesting.

Key Details

• Transaction date: May 8, 2026. Report filed: May 12, 2026 (Form 4 appears to be filed after the typical two business‑day reporting window).
• Amount: 668 RSUs granted; reported acquisition price $0.00 (award).
• Plan: Grants made under the Issuer’s 2006 Equity and Cash Compensation Incentive Plan.
• Vesting: 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 (per footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction code: A = Award/Grant (not a purchase or sale).

Context

• RSUs are compensation awards that convert to actual shares only at vesting; they do not represent an immediate cash sale or purchase. Such grants are common for directors and executives as long‑term pay and are informative about compensation but are not a direct bullish/bearish trading signal. The ultimate value realized will depend on Teradyne’s stock price at vesting.