Teradyne (TER) director defers cash pay into 159 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradyne director Paul J. Tufano increased his holdings through deferred stock compensation rather than open-market buying. He acquired 159 shares of Teradyne common stock on March 26, 2026 as a grant, bringing his direct ownership to 65,045 shares.
The footnote explains this represents a deferral of his quarterly cash compensation into deferred stock units, which are calculated using the closing share price on the issuance date. These deferred stock units are settled one-for-one in common stock, generally 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
TUFANO PAUL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 159 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 65,045 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 159 shares
Price per share: $0.00 per share
Post-transaction holdings: 65,045 shares
3 metrics
Shares acquired
159 shares
Grant of common stock on March 26, 2026
Price per share
$0.00 per share
Compensation-related grant, not open-market purchase
Post-transaction holdings
65,045 shares
Total common stock directly owned after grant
Key Terms
deferred stock units, quarterly cash compensation, non-employee director
3 terms
deferred stock units financial
"Represents the Reporting Person's deferral of his quarterly cash compensation into deferred stock units ("DSUs")."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
quarterly cash compensation financial
"Represents the Reporting Person's deferral of his quarterly cash compensation into deferred stock units"
non-employee director financial
"DSUs are settled one-for-one in Common Stock generally within ninety days of the date as of which a non-employee director no longer serves"
FAQ
What did Teradyne (TER) director Paul J. Tufano report in this Form 4?
Director Paul J. Tufano reported acquiring 159 shares of Teradyne common stock as a compensation-related grant. This award came through deferring his quarterly cash compensation into deferred stock units that convert one-for-one into common shares after his board service ends.
Was the Teradyne (TER) Form 4 transaction an open-market stock purchase?
No, the Form 4 does not show an open-market purchase. The 159 shares were acquired at a stated price of $0.00 per share as a grant tied to deferred cash compensation, not bought on the open market at prevailing trading prices.
How are the deferred stock units (DSUs) in the Teradyne (TER) filing calculated?
The number of deferred stock units is calculated using the closing price of Teradyne common stock on the issuance date. Each DSU represents a right to receive one common share when the non-employee director generally leaves the board and settlement occurs.