Herweck Peter 4
4 · TERADYNE, INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Teradyne Director Peter Herweck Receives 5 Deferred Stock Units
What Happened
Peter Herweck, a non-employee director of Teradyne, acquired 5 deferred stock units (DSUs) on March 13, 2026. The filing records the acquisition at $0.00 per unit (total $0) because these units were issued as dividend equivalents rather than a purchase. This is an acquisition via dividend reinvestment rather than a market purchase.
Key Details
- Transaction date: 2026-03-13. Form 4 filed: 2026-03-17 (timely filing).
- Transaction code: (J) — "Other acquisition or disposition"; footnote clarifies these are DSUs issued in lieu of cash dividends.
- Shares/units acquired: 5 DSUs at $0.00 each (total reported $0).
- Shares owned after transaction: not specified in the provided filing details.
- Exemption: DSU acquisition is exempt under Exchange Act Rule 16b-3(d) per the filing footnote.
Context
DSUs are a deferred compensation instrument for non-employee directors; Herweck elected to receive dividend payments as additional DSUs. These DSUs are generally converted one-for-one into Teradyne common stock and delivered within about 90 days after the director stops serving. Such dividend-based DSU issuances are routine and do not necessarily indicate a buy/sell signal.
Insider Transaction Report
- Other
Common Stock
[F1]2026-03-13+5→ 15,374 total
Footnotes (1)
- [F1]Represents deferred stock units ("DSUs") issued to the Reporting Person in accordance with his election to receive dividends paid on DSUs in the form of additional DSUs in lieu of cash. Such acquisition is exempt under Exchange Act Rule 16b-3(d). 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 in such capacity.