Research Summary
AI-generated summary of this SEC filing
Teradyne Director Mercedes Johnson Sells 167 Shares
What Happened
Mercedes Johnson, a director of Teradyne, sold 167 shares of TER on September 1, 2026 at $341.30 per share, for proceeds of $56,997. The filing reports the disposition as an open market or private sale. This was a sale (not a purchase), and the filing notes the transaction was made under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: Sept 1, 2026 — 167 shares at $341.30 each (total $56,997).
- Transaction type: Sale (reported as "S"); executed pursuant to a 10b5-1 plan adopted March 4, 2026.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Beneficial ownership note: Shares are held by The Mercedes Johnson Trust UAD 07/23/04; Johnson is trustee and sole beneficiary.
- Filing timeliness: Report filed Sept 2, 2026 (timely relative to the reported Sept 1 transaction).
Context
A 10b5-1 plan allows insiders to sell shares according to a prearranged schedule and is commonly used to avoid questions about timing; such sales are often routine and do not necessarily indicate a change in view about the company. The transaction size (~$57k) is relatively small for a public company and, by itself, is not usually a strong signal about insider sentiment.