Teradyne Legal Chief Sells Portion of $4 Billion Stake

On May 7, Ryan Driscoll, Vice President, Chief Legal Officer and Corporate Secretary of semiconductor test‐equipment maker Teradyne, Inc. (NASDAQ: TER), sold 680 shares of the company’s common stock at $377.60 per share under a pre-established Rule 10b5-1 trading plan. The transaction generated approximately $257,000 (about KRW 360 million). After the sale, Driscoll’s direct holdings total roughly 7,665 shares, valued at about $2.89 million (approximately KRW 4.0 billion) at the same price.

In its Q1 2026 results released on April 28, Teradyne reported revenue of $1.282 billion and net income of $398.9 million, reflecting substantial growth driven by AI semiconductor test demand. On May 7, the company also declared a quarterly cash dividend of $0.13 per share. ()

Headquartered in North Reading, Massachusetts, Teradyne is a provider of automated test equipment and industrial robots, serving global chip manufacturers and fabless companies with a primary focus on semiconductor test systems. ()