AI Semiconductor Test Equipment Executives Sell Shares Worth $400,000

Teradyne, Inc. (NASDAQ: TER) disclosed on May 7 that Ryan Driscoll, Executive Vice President and General Counsel, 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 totaled approximately $250,000 (about KRW 400 million). Driscoll continues to hold tens of thousands of shares following the sale.

On May 15, CEO Gregory Stephen Smith exercised all of his stock options and sold 8,597 shares the same day at $338.98 per share, raising roughly $2.9 million (around KRW 4 billion). Also on May 15, insider Marilyn Matz sold 800 shares under a previously arranged trading plan, realizing about $270,000 (approximately KRW 400 million).

In its late-April first-quarter report, Teradyne said revenue grew sharply year-over-year, driven by demand for semiconductor testing in AI and data-center applications, and on May 7 declared a quarterly cash dividend of $0.13 per share. In April, the company expanded its related business portfolio by acquiring TestInsight, a provider of test software for AI and data-center devices.

Headquartered in North Reading, Massachusetts, Teradyne designs and manufactures automated test equipment and industrial robots, supplying semiconductor and electronics test systems to global customers such as Samsung Electronics and Intel. The company has drawn attention recently as a leading semiconductor-equipment stock, buoyed by rising demand for test equipment amid expanded AI server deployments and advanced-process investments.