Teradyne (TER) CEO Smith Sells 8,000 Shares in a Month, Reducing Holdings to 116,000 Shares
By ATTN Desk · Editorial oversight: Sean Han
Teradyne, Inc.’s President and CEO, Gregory Stephen Smith, sold a total of 8,000 shares of common stock in two transactions in June and July.[1][2] The aggregate proceeds amounted to approximately $3.12 million. Although these sales were executed under a preplanned Rule 10b5-1 trading plan, the noticeable reduction in the CEO’s direct holdings is significant for investors.[1][2]
On June 15, Smith sold 4,000 shares of Teradyne common stock at an average price of about $423.03 per share, realizing approximately $1,692,120 in proceeds.[1] Following this transaction, his reported holding of common stock stood at 120,469.5729 shares, representing an equity value of roughly $50.96 million based on the trade price.[1]
On July 15, under another Rule 10b5-1 plan, he disposed of 4,000 shares at an average price of approximately $356.31 per share, securing about $1,425,240.[2] After this second sale, Smith’s direct holdings decreased to 116,495.4075 shares, a figure that includes the 25.8346 shares newly acquired through the employee stock purchase plan on June 30.[2]
Meanwhile, on June 15, Marilyn Matz sold 1,200 shares of Teradyne common stock at around $423.03 per share, realizing approximately $507,636.[3] After this Rule 10b5-1 plan sale, Matz’s direct holdings were 17,440.675 shares, equivalent to about $7.3797 million at the same reference price.[3]
Summary of Key Insider Transactions
| Insider | Position (as disclosed) | Transaction Date | Transaction Type | Shares (units) | Price per Share (USD) | Total Amount (USD) | Shares Held After Transaction |
|---|---|---|---|---|---|---|---|
| Gregory Stephen Smith | President and CEO | 2026-06-15 | Sale | 4,000 | 423.03 | 1,692,120 | 120,469.5729[1] |
| Gregory Stephen Smith | President and CEO | 2026-07-15 | Sale | 4,000 | 356.31 | 1,425,240.00 | 116,495.4075[2] |
| Marilyn Matz | Insider (Director/Executive Level) | 2026-06-15 | Sale | 1,200 | 423.03 | 507,636 | 17,440.675[3] |
Both CEO Smith and Matz disclosed these sales as preplanned transactions under a Rule 10b5-1 trading plan. Despite the cashing out by these senior insiders, the filings confirm that each still maintains significant holdings worth tens of millions of dollars.[1][2][3]
Sources
- [1]SEC Form 4 — TERADYNE, INC · 2026-06-16
- [2]SEC Form 4 — TERADYNE, INC · 2026-07-16
- [3]SEC Form 4 — TERADYNE, INC · 2026-06-16