TERADYNE, INC·4

Jun 3, 5:07 PM ET

Hathout Jean Pierre 4

Research Summary

AI-generated summary

Updated

Teradyne (TER) President Jean Pierre Hathout Withholds Shares for Taxes

What Happened
Jean Pierre Hathout, President of Teradyne Robotics, had shares withheld by Teradyne to satisfy tax-withholding obligations tied to vested restricted stock units (RSUs). On June 1, 2026, 267 shares were withheld at an effective price of $369.47 (value $98,648). On June 2, 2026, 174 shares were withheld at $392.62 (value $68,316). Combined, 441 shares were withheld for taxes, totaling $166,964.

Key Details

  • Transaction dates and amounts:
    • 2026-06-01: 267 shares withheld @ $369.47 — $98,648 (Footnote F1: tax withholding for RSU vesting)
    • 2026-06-02: 174 shares withheld @ $392.62 — $68,316 (Footnote F2: tax withholding for RSU vesting)
  • Transaction type/code: F — Shares withheld by issuer to satisfy tax withholding (net share settlement of RSUs), not an open-market sale.
  • Shares owned after the transactions: Not specified in the provided filing excerpt.
  • Filing date: Form 4 filed 2026-06-03 (appears timely based on the reported transaction dates).

Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action (a cashless/net settlement) and does not necessarily signal a deliberate decision to sell shares on the open market. For investors, purchases or open-market sales by insiders are generally more informative about sentiment than tax-related withholdings.