Teradyne (TER) director credited with 2 new deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradyne, Inc. director Ernest E. Maddock recorded a small, routine equity-related change in his holdings. On March 13, 2026, he received 2 deferred stock units (DSUs) credited as dividends on existing DSUs, in lieu of cash. This transaction is classified as an exempt "other" acquisition under Exchange Act Rule 16b-3(d). Following this adjustment, he is credited with a total of 9,597 units tied to Teradyne common stock, which will generally be settled one-for-one in shares within ninety days after he no longer serves as a non-employee director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MADDOCK ERNEST E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 2 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,597 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Teradyne (TER) director Ernest Maddock report?
Director Ernest E. Maddock reported receiving 2 deferred stock units. These units were issued as dividend equivalents on existing DSUs, in lieu of cash, and are classified as an exempt “other” acquisition under Exchange Act Rule 16b-3(d).
How many Teradyne (TER) units does Ernest Maddock hold after this Form 4?
After this transaction, Ernest E. Maddock is credited with 9,597 units tied to Teradyne common stock. These are deferred stock units that will generally be settled one-for-one in shares after he stops serving as a non-employee director.
What are deferred stock units (DSUs) in the Teradyne (TER) filing?
Deferred stock units are bookkeeping entries that track the value of common stock without immediate share issuance. For Teradyne directors, DSUs are settled one-for-one in common shares, generally within ninety days after they cease serving as non-employee directors.
Why did Teradyne (TER) issue 2 DSUs instead of cash to its director?
The 2 deferred stock units were issued because the director elected to receive dividends on existing DSUs in the form of additional DSUs rather than cash. This reflects a compensation election rather than an open-market stock purchase or sale.
Is the Teradyne (TER) director’s Form 4 transaction a buy or sell of stock?
The reported event is not a traditional buy or sell. It is classified as an “other” exempt acquisition of 2 deferred stock units, issued as dividend equivalents on existing DSUs, under Exchange Act Rule 16b-3(d). No open-market trade occurred.
When will Teradyne (TER) deferred stock units held by the director be settled?
The deferred stock units will generally be settled one-for-one in Teradyne common stock within ninety days after the non-employee director no longer serves in that capacity. Until then, they remain as units credited to the director’s account.