JOHNSON MERCEDES 4
Research Summary
AI-generated summary
Teradyne (TER) Director Mercedes Johnson Sells 167 Shares
What Happened
- Mercedes Johnson, a director of Teradyne, sold 167 shares of TER stock on 2026-06-02 at $369.74 per share, for a total proceeds of $61,747. The sale was reported on a Form 4 filed 2026-06-03. This was a sale (not a purchase) and is typically viewed as routine insider selling rather than a direct signal of company prospects.
Key Details
- Transaction date and price: 2026-06-02 at $369.74 per share.
- Shares sold / value: 167 shares; proceeds of $61,747 (approx.).
- Ownership after transaction: The filing does not specify total shares held after this sale; the reporting person is trustee and sole beneficiary of The Mercedes Johnson Trust (see footnote).
- Notable footnotes: Sale executed pursuant to a 10b5-1 sales plan adopted March 4, 2026 (pre-arranged sale plan). Shares involved are held by The Mercedes Johnson Trust UAD 07/23/04.
- Filing timeliness: The Form 4 was filed the next day (2026-06-03) for the 2026-06-02 transaction, indicating a timely filing.
Context
- Sales made under a Rule 10b5-1 plan are pre-set trading arrangements and are commonly used by insiders to systematically sell shares while limiting questions about trading on non-public information. Such sales are generally considered routine and should be interpreted cautiously; they do not by themselves indicate management sentiment about the company's future.