Johnson Mercedes, a director at Teradyne, Inc., recently sold 167 shares of common stock on October 1, 2026. This transaction is significant as it highlights the ongoing stock management activities within the company.
Teradyne, Inc. is a prominent player in the semiconductor industry, classified under the SIC code 3825, which covers instruments for measuring and testing electricity and electronic signals. The company is known for its contributions to industrial applications and services.
According to the recent filing, the shares were sold at a price of $402.90 each. Following this transaction, Mercedes retains ownership of 6,197 shares of Teradyne. The sale was executed under a sales plan adopted by Mercedes on March 4, 2026, which complies with Rule 10b5-1 under the Securities Exchange Act of 1934.
This transaction may affect various stakeholders, including shareholders and potential investors in Teradyne, as it reflects the company's internal management strategies. The filing does not specify what happens next regarding further transactions or plans from Mercedes.
In addition to the recent sale of shares, the filing indicates that Johnson Mercedes holds a total of 1,876 shares of Teradyne's common stock through a trust, specifically the Mercedes Johnson Trust, of which he is the trustee and sole beneficiary. This trust arrangement highlights a layer of complexity in Mercedes' ownership structure.
The transaction was executed under a sales plan that was adopted on March 4, 2026, demonstrating a strategic approach to stock sales that aligns with regulatory compliance under Rule 10b5-1. This rule allows insiders to establish a predetermined schedule for selling shares, thereby mitigating the risk of insider trading allegations.
Furthermore, the filing does not provide any details regarding the reasons behind the sale or any future intentions Mercedes may have regarding his remaining shares. There is also no mention of any potential impact on Teradyne's stock performance or investor sentiment following this transaction.











