Teradyne Director Ernest Maddock Receives 2 Deferred Stock Units

What Happened
Ernest E. Maddock, a director of Teradyne, Inc. (TER), was credited with 2 deferred stock units (DSUs) on September 25, 2026. The report shows an "other acquisition" at $0.00 for a total reported value of $0 — these DSUs were issued in lieu of cash dividends rather than as a cash purchase.

Key Details

• Transaction date: 2026-09-25; Filing date: 2026-09-28. Form 4s are generally due within two business days; this filing was three days after the transaction date (check the filing for any timeliness explanation).
• Transaction type/code: Other acquisition (J) — issuance of DSUs at $0.00.
• Number of units: 2 DSUs; reported value: $0.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: The DSUs represent dividend reinvestment (footnote F1). They are exempt under Exchange Act Rule 16b-3(d) and are settled one-for-one in common stock typically within 90 days after the director leaves the board.

Context
DSUs are a non-cash way for non-employee directors to receive compensation tied to the company’s stock; they don’t indicate a purchase conviction in the open market. Because these units are paid in lieu of cash dividends and are settled to shares later, this is a routine, exempt insider acquisition rather than a market buy.