TER 8-K Current Reports
TERADYNE, INC - 213 current reports
TERADYNE, INC 8-K Report, Shareholder Vote Results (May 11, 2026)
Teradyne, Inc. (TER) filed an 8-K on May 11, 2026, detailing the outcomes of its 2026 annual meeting of shareholders held on May 8, 2026. The primary focus of the filing is the voting results on key corporate matters. All nominated directors were overwhelmingly re-elected, indicating strong shareholder confidence in the current board's leadership and strategy. Additionally, shareholders provided advisory approval for the company's 2025 executive compensation plan and ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. These voting outcomes suggest stability and shareholder alignment on corporate governance and oversight. The overwhelming support for director re-elections and auditor ratification signals a positive sentiment from the investor base regarding the company's current direction and financial reporting integrity. The advisory approval of executive compensation, while non-binding, also reflects a generally favorable view of how the company is rewarding its leadership.
TERADYNE, INC 8-K Report, Financial Results (Apr 29, 2026)
Teradyne, Inc. (TER) filed an 8-K on April 29, 2026, to report its financial results for the first quarter ended March 29, 2026. The key details of these results are presented in a press release furnished as Exhibit 99.1 to the filing. Investors should refer to this press release for specific financial performance metrics, including revenue, profitability, and segment-specific performance for the first quarter of 2026. While this 8-K itself does not provide the numerical results, it serves as the official notification that Teradyne has disclosed its quarterly performance. The accompanying press release is expected to contain crucial information regarding the company's operational and financial condition, offering insights into the company's business trends, outlook, and any significant factors impacting its performance during the reporting period. Investors are strongly encouraged to review the referenced press release for a comprehensive understanding of Teradyne's first-quarter 2026 results.
TERADYNE, INC 8-K Report, Financial Results (Feb 3, 2026)
Teradyne, Inc. (TER) has filed an 8-K on February 3, 2026, to report its financial results for the fourth quarter ended December 31, 2025. The key details of these results are provided in a press release furnished as Exhibit 99.1 to the filing. Investors should review this press release for specific financial performance metrics, including revenue, profitability, and any forward-looking guidance provided by the company. While the 8-K itself is brief, primarily serving as a cover for the press release, the attached exhibit contains the crucial information regarding Teradyne's recent performance. Investors seeking to understand the company's financial health and future outlook should prioritize examining the detailed figures and management commentary within the press release. This will offer insights into the drivers of the company's results and any potential challenges or opportunities ahead.
TERADYNE, INC 8-K Report, Financial Results (Oct 29, 2025)
Teradyne, Inc. (TER) has filed an 8-K report on October 29, 2025, primarily to furnish its press release detailing the company's financial results for the third quarter ended September 28, 2025. While the 8-K itself doesn't contain detailed financial tables, it directs investors to the accompanying press release (Exhibit 99.1) for the specific performance metrics. This filing signifies the official public disclosure of Teradyne's quarterly performance and is a crucial source of information for investors seeking to understand the company's recent operational and financial standing.
TERADYNE, INC 8-K Report, Executive Changes (Oct 28, 2025)
Teradyne, Inc. (TER) has announced a significant leadership change in its finance department. Effective November 3, 2025, Michelle Turner will assume the role of Vice President, Chief Financial Officer, and Treasurer, succeeding Sanjay Mehta. Ms. Turner will also serve as the principal financial officer and principal accounting officer. This transition marks a new chapter for Teradyne's financial operations, bringing in a seasoned executive with extensive experience from prominent companies such as L3Harris Technologies, Johnson & Johnson, and BHP Billiton. Investors should note that Mr. Mehta will remain with the company as an executive advisor, ensuring continuity and knowledge transfer during this period. Ms. Turner's compensation package includes a base salary of $640,000, with eligibility for a 100% target annual cash bonus. Additionally, she will receive a substantial equity award valued at $6,800,000 at target, comprised of various stock units and options. She will also be provided with sign-on bonuses and relocation assistance. The company has also outlined terms for a change of control agreement, offering two years of severance and accelerated equity vesting under specific termination conditions.
TERADYNE, INC 8-K Report, Executive Changes (Sep 2, 2025)
Teradyne, Inc. (TER) announced a significant leadership change within its robotics division through an 8-K filing dated September 2, 2025. Ujjwal Kumar has departed from his role as President of Teradyne Robotics, effective August 29, 2025. Mr. Kumar will remain with the company until September 30, 2025, to ensure a smooth transition of his duties. This departure comes with a separation agreement that includes severance and other benefits, underscoring the company's standard practices for executive transitions.
TERADYNE, INC 8-K Report, Financial Results (Jul 30, 2025)
Teradyne, Inc. (TER) has filed an 8-K report on July 30, 2025, primarily to furnish its press release detailing the financial results for the third quarter ended June 29, 2025. While the full details are within the press release (Exhibit 99.1), this filing signals the official disclosure of the company's quarterly performance. Investors should refer to the furnished press release for specific financial metrics, management's commentary on the quarter's performance, and forward-looking statements. Key information that investors will be looking for in the press release includes revenue figures, profitability, earnings per share (EPS), and any updates to the company's financial outlook for the upcoming periods. The filing itself is procedural, but the content of the press release is critical for understanding Teradyne's current operational and financial standing within its industry.
TERADYNE, INC 8-K Report, Executive Changes (Jun 26, 2025)
Teradyne, Inc. (TER) has announced a significant change to its Board of Directors with the appointment of two new independent directors, Necip Sayiner and Drew Henry, effective July 1, 2025. This move is intended to enhance the Board's expertise and governance oversight. Mr. Sayiner will join the Audit Committee, bringing his financial scrutiny to this critical function, while Mr. Henry will contribute to the Compensation and Nominating and Corporate Governance Committees, impacting executive pay and board composition strategies. Both appointees have been deemed independent by the Board, meeting Nasdaq and SEC requirements, ensuring objective decision-making. Their appointments are part of Teradyne's ongoing commitment to strong corporate governance. Investors should note that these changes are effective at the start of the next month and do not involve any immediate financial transactions or agreements with the new directors beyond standard director compensation, which is publicly disclosed.
TERADYNE, INC 8-K Report, Rights Modification (Jun 20, 2025)
Teradyne, Inc. (TER) has filed an 8-K to announce amendments to its By-Laws, effective June 20, 2025. These amendments primarily concern the procedures and timelines for shareholder nominations of directors and the submission of shareholder proposals for future annual meetings, including the 2026 annual meeting. The key changes involve adjusting the notice windows for director nominations and shareholder proposals to be between 90 and 120 days prior to the anniversary of the preceding year's annual meeting. This represents a shift from the previous 60 to 90-day window. The By-Laws also clarify procedural requirements for nominations and proposals, including proxy access, and provide further clarity on voting standards in contested director elections and the chairperson's authority during meetings.
TERADYNE, INC 8-K/A Report, Executive Changes (May 12, 2025)
Teradyne, Inc. (TER) filed an 8-K detailing the outcomes of its 2025 Annual Meeting of Shareholders. The primary focus for investors is the shareholder approval of the amended and restated Equity and Cash Compensation Incentive Plan (Amended Plan). This plan, which replaces the 2006 Plan, was updated to remove its expiration term and incorporate enhanced compensation governance practices. The approval of the Amended Plan is a critical step in Teradyne's ability to continue offering competitive compensation packages to its executives and employees, which can impact talent retention and motivation. Additionally, the filing confirms the election of all seven director nominees to the board, indicating continued confidence in the current leadership. Shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2025 and approved the executive compensation for 2024 on an advisory basis. The report also notes the approval of a shareholder proposal requesting a report on political contributions and expenditures.
TERADYNE, INC 8-K Report, Executive Changes (May 12, 2025)
Teradyne, Inc. (TER) filed an 8-K detailing outcomes from its 2025 annual shareholder meeting. The most significant event for investors is the shareholder approval of the amended Equity and Cash Compensation Incentive Plan. This updated plan replaces the 2006 plan, incorporating enhanced governance practices and removing a fixed term, which generally aligns with strengthening long-term incentive alignment between management and shareholders. Additionally, the filing reports on the election of directors, with all nominees receiving strong support, indicating shareholder confidence in the current board's leadership. Shareholders also ratified executive compensation on an advisory basis and approved the appointment of PricewaterhouseCoopers LLP as the independent auditor. A shareholder proposal requesting a report on political contributions and expenditures was not approved.
TERADYNE, INC 8-K Report, Financial Results (Apr 29, 2025)
Teradyne, Inc. (TER) has filed a Current Report on Form 8-K, primarily furnishing its press release dated April 28, 2025. This press release contains the company's financial results for the first quarter ended March 30, 2025. Investors should refer to Exhibit 99.1 for the detailed financial performance and operational commentary related to the first quarter of 2025. The filing itself does not provide specific financial figures but directs stakeholders to the accompanying press release for this crucial information. This report signals the official disclosure of TER's Q1 2025 earnings. While the 8-K filing is procedural, the attached press release will be the primary source for understanding the company's revenue, profitability, segment performance, and forward-looking guidance. Investors will be keen to analyze these results against market expectations and the company's previous performance to assess its current financial health and future prospects.
TERADYNE, INC 8-K Report, Executive Changes (Mar 6, 2025)
Teradyne, Inc. (TER) has filed an 8-K report on March 6, 2025, disclosing the retirement of Richard J. Burns, President of Semiconductor Test, effective June 1, 2025. This leadership change is a significant event for investors to monitor, as the Semiconductor Test segment is a core business for Teradyne, contributing substantially to its revenue and profitability. Investors will be keen to understand the succession plan for this critical role and how the transition will impact the company's strategic direction and operational execution in the semiconductor testing market.
TERADYNE, INC 8-K Report, Corporate Update (Feb 25, 2025)
Teradyne, Inc. (TER) has filed a Form 8-K to announce that it will be hosting a Financial Analyst Day on March 11, 2025. This event is a key opportunity for investors and analysts to gain deeper insights into the company's strategic direction, financial performance, and future outlook. While this filing itself does not contain financial results or specific forward-looking statements, the Analyst Day is expected to provide significant details that could influence investment decisions. Investors should pay close attention to the information presented during this event.
TERADYNE, INC 8-K Report, Financial Results (Jan 30, 2025)
Teradyne, Inc. (TER) has filed an 8-K report on January 30, 2025, to furnish its press release detailing the financial results for the fourth quarter ended December 31, 2024. While the full financial details are within the press release (Exhibit 99.1), this filing signals an important update on the company's performance for the most recent fiscal period. Investors should review the furnished press release for specific figures regarding revenue, profitability, and any forward-looking guidance provided by management.
TERADYNE, INC 8-K Report, Executive Changes (Jan 8, 2025)
Teradyne, Inc. (TER) announced on January 8, 2025, that Ford Tamer has decided not to stand for re-election at the upcoming 2025 Annual Meeting of Shareholders. This decision stems from his recent appointment as CEO of Lattice Semiconductor Corporation and is not due to any disagreements with Teradyne's Board or management. Mr. Tamer will continue to serve his current term until the 2025 Annual Meeting. While this filing primarily concerns a directorial change, investors should note that Mr. Tamer's departure is amicable and attributed to a new leadership role elsewhere. The company has confirmed that his exit is not indicative of internal issues. The 8-K filing also includes the standard Cover Page Interactive Data File exhibit.
TERADYNE, INC 8-K Report, Financial Results (Oct 24, 2024)
Teradyne, Inc. (TER) has filed an 8-K report on October 24, 2024, to furnish its press release dated October 23, 2024, which details the company's financial results for the third quarter ended September 29, 2024. While the 8-K itself does not contain the specific financial figures, it directs investors to the furnished press release (Exhibit 99.1) for comprehensive details on performance, operations, and financial condition for the period. Investors seeking to understand Teradyne's recent performance should refer to this press release for key metrics such as revenue, profitability, and any forward-looking guidance. This filing serves as an official notification of the release of quarterly results, which are crucial for evaluating the company's current standing and future prospects. The information within the press release is expected to cover important aspects of Teradyne's business, including any significant operational developments, segment performance, and management's commentary on market conditions and strategic initiatives. Investors are advised to review Exhibit 99.1 for a thorough understanding of the company's third-quarter financial outcomes.
TERADYNE, INC 8-K Report, Financial Results (Jul 25, 2024)
Teradyne, Inc. (TER) filed an 8-K on July 25, 2024, primarily to furnish a press release detailing its financial results for the second quarter ended June 30, 2024. While the 8-K itself is brief, the furnished press release contains the critical operational and financial data that investors need to assess the company's recent performance. Investors should review the press release (Exhibit 99.1) for specific details on revenue, earnings, and any forward-looking guidance provided by management.
TERADYNE, INC 8-K Report, Acquisition Completed (May 31, 2024)
Teradyne, Inc. (TER) has officially completed two significant transactions detailed in its May 31, 2024, 8-K filing. First, on May 27, 2024, Teradyne's subsidiary acquired a 10% stake in Technoprobe S.p.A. for approximately $522 million. This strategic investment provides Teradyne with exposure to Technoprobe's business and was structured through a combination of purchasing existing shares and acquiring newly issued shares. Concurrently, Teradyne also completed the divestiture of its Device Interface Solutions (DIS) business unit to Technoprobe for $85 million, net of cash and debt, subject to customary working capital adjustments. These actions represent a strategic move by Teradyne to reallocate capital and focus on its core operations, while also expanding its relationship with Technoprobe.
TERADYNE, INC 8-K Report, Financial Obligation (May 17, 2024)
Teradyne, Inc. (TER) has filed a Form 8-K to report a new financial obligation. Specifically, the company borrowed $185.0 million under its existing $750.0 million senior secured revolving credit facility. This borrowing is intended to fund a previously announced investment by its subsidiary, Teradyne International Holdings, B.V., to acquire 10% of the issued and outstanding shares of Technoprobe S.p.A. This transaction highlights Teradyne's strategic moves to expand its holdings in key areas, utilizing its existing credit lines to finance growth initiatives. Investors should note that the use of proceeds and the investment itself are subject to forward-looking statements and associated risks, as outlined in the company's SEC filings. While the borrowing provides immediate capital for the acquisition, the ultimate success of the investment and its impact on Teradyne's financial performance will depend on various factors, including the strategic business agreements related to the Technoprobe stake.
TERADYNE, INC 8-K Report, Bylaw Amendment (May 10, 2024)
Teradyne, Inc. (TER) has filed an 8-K report detailing the outcomes of its 2024 Annual Meeting of Stockholders held on May 9, 2024. The most significant development for investors is the approved amendment to the company's Articles of Organization, which reduces the voting threshold for approving future amendments to the Articles and for voluntary dissolution from a super-majority to a simple-majority vote. This change could impact corporate governance and the ease with which major structural decisions can be made by shareholders in the future. Additionally, the meeting saw the election of all eight director nominees with strong shareholder support, the approval of the executive compensation (in a non-binding advisory vote), and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2024. These results indicate general shareholder alignment with the current board and management's strategic direction and oversight.
TERADYNE, INC 8-K Report, Financial Results (Apr 25, 2024)
Teradyne, Inc. (TER) filed an 8-K on April 25, 2024, to report its first quarter financial results for the period ended March 31, 2024. The key information regarding these results is contained within a press release furnished as Exhibit 99.1 to the filing. Investors should review this press release for detailed operational and financial performance metrics for the first quarter. While the 8-K itself is brief and primarily serves to attach the press release, the press release is the critical document for understanding Teradyne's performance and outlook. Investors will be looking for details on revenue, profitability, segment performance (semiconductor test, industrial automation, and robotics), and any forward-looking guidance provided by the company. This filing marks an important update on the company's financial condition and operational results.
TERADYNE, INC 8-K Report, Financial Results (Jan 31, 2024)
Teradyne, Inc. (TER) has filed an 8-K report on January 31, 2024, primarily to furnish its press release detailing fourth-quarter and full-year 2023 financial results. The press release, attached as Exhibit 99.1, is the key document providing investors with the company's performance metrics and outlook. Investors should refer to this press release for the specific financial figures and management commentary regarding the company's recent operational and financial condition. While the 8-K itself does not contain the detailed financial results, it serves as the official notification that this information is now publicly available. The focus for investors will be on the data presented in the press release, which typically includes revenue, earnings per share (EPS), segment performance, and forward-looking guidance. This filing is crucial for understanding Teradyne's trajectory as it enters the new fiscal year.
TERADYNE, INC 8-K/A Report, Executive Changes (Jan 29, 2024)
This 8-K/A filing from Teradyne, Inc. (TER) addresses an amendment to a previous filing concerning the departure of Mr. Charles J. Gray, Vice President and General Counsel. The amendment clarifies the terms of his separation, effective February 2, 2024, outlining an Executive Officer Agreement that allows for continued vesting of previously granted unvested equity awards (restricted stock units and stock options) through February 2, 2027. Mr. Gray also remains eligible for his pro-rata share of 2023 variable compensation and profit-sharing, as if he were still employed. In exchange for these provisions, Mr. Gray has agreed to non-competition and non-solicitation clauses through February 2, 2027, and has entered into an employment release. Investors should note that this agreement ensures a smooth transition and incentivizes Mr. Gray to act in Teradyne's best interest during his post-employment restrictive period, while also providing him with continued equity value realization.
TERADYNE, INC 8-K Report, Bylaw Amendment (Jan 29, 2024)
Teradyne, Inc. (TER) has filed an 8-K report on January 29, 2024, primarily to disclose an amendment to its corporate bylaws. Effective January 23, 2024, the Board of Directors approved Amended and Restated Bylaws that clarify the company's ability to conduct shareholder meetings remotely, virtually, or in a hybrid format. This update aligns the company's operational flexibility with current Massachusetts law, enabling broader participation in corporate governance matters.
TERADYNE, INC 8-K Report, Executive Changes (Jan 12, 2024)
Teradyne, Inc. (TER) announced a change in its Board of Directors through an 8-K filing on January 12, 2024. The company elected Bridget A. van Kralingen as a new director, effective immediately. Ms. van Kralingen has also been appointed to the Board's Compensation Committee and the Nominating and Corporate Governance Committee. The Board has confirmed her independence, meaning she meets SEC and Nasdaq requirements and has no material relationship with Teradyne. This appointment represents a significant addition to the Board's expertise. Ms. van Kralingen's compensation will include an annual cash retainer of $90,000, prorated from her appointment date to the 2024 Annual Meeting of Shareholders. Additionally, she received a restricted stock unit (RSU) grant valued at approximately $74,290, which vests fully on the earlier of the 2024 Annual Meeting or the last Thursday in May 2024. This move signals Teradyne's ongoing efforts to maintain strong corporate governance and a well-qualified board.
TERADYNE, INC 8-K Report, Executive Changes (Nov 15, 2023)
Teradyne, Inc. (TER) announced on November 15, 2023, that its Vice President and General Counsel, Charles J. Gray, will retire effective February 1, 2024. This is a routine executive transition and does not appear to be related to any operational or financial issues within the company. Investors should note the effective date of the retirement to anticipate any leadership changes or announcements regarding Mr. Gray's successor.
TERADYNE, INC 8-K Report, Material Agreement (Nov 8, 2023)
Teradyne, Inc. (TER) has entered into a material definitive agreement to acquire a 10% stake in Technoprobe S.p.A. for approximately $516 million. This investment is structured through the acquisition of existing shares from Technoprobe's controlling shareholder, T-Plus S.p.A., and newly issued shares from Technoprobe itself. The agreement is subject to customary closing conditions, including regulatory approvals in the U.S. and Italy, and critically, the concurrent closing of Teradyne's sale of its DIS Business to Technoprobe for $85 million. The investment grants Teradyne significant influence over Technoprobe, including the right to appoint a board member and require a favorable vote on certain key decisions such as by-law amendments and delisting. Additionally, Teradyne is restricted from selling its acquired Technoprobe shares for three years, with certain exceptions. This strategic move suggests Teradyne is divesting a non-core asset (DIS Business) while investing in a key technology partner, indicating a strategic realignment.
TERADYNE, INC 8-K Report, Financial Results (Oct 26, 2023)
Teradyne, Inc. (TER) filed an 8-K on October 26, 2023, primarily to furnish its press release announcing third-quarter financial results for the period ended October 1, 2023. While the 8-K itself doesn't contain the detailed financial figures, it directs investors to the accompanying press release (Exhibit 99.1) for this crucial information. Investors should review the press release to understand Teradyne's performance during the third quarter, including key metrics such as revenue, profitability, and any forward-looking guidance provided by management.
TERADYNE, INC 8-K Report, Financial Results (Jul 27, 2023)
Teradyne, Inc. (TER) filed an 8-K on July 27, 2023, primarily to announce information via a press release dated July 26, 2023. While the 8-K itself does not contain extensive financial details or operational updates, it directs investors to the attached press release for the most current information. Investors should review Exhibit 99.1 for the core details of the announcement, which likely pertains to recent business performance, strategic updates, or guidance. The filing also includes the standard Cover Page Interactive Data File.
TERADYNE, INC 8-K Report, Shareholder Vote Results (May 16, 2023)
Teradyne, Inc. (TER) filed an 8-K report detailing the outcomes of its 2023 Annual Meeting of Stockholders held on May 13, 2023. The report indicates that all proposals presented to shareholders were passed, with significant support across the board. Key among these were the election of all eight director nominees, the advisory approval of executive compensation, and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2023. The meeting also included an advisory vote on the frequency of executive compensation review, with shareholders overwhelmingly favoring an annual vote. This aligns with the Board's stated intention to hold an annual advisory vote on executive compensation until at least the 2029 annual meeting, demonstrating a commitment to ongoing shareholder engagement on this matter. The results suggest strong confidence from shareholders in the current board and leadership.
TERADYNE, INC 8-K Report, Financial Results (Apr 27, 2023)
Teradyne, Inc. (TER) filed an 8-K report on April 27, 2023, primarily announcing the issuance of a press release dated April 26, 2023. While the filing itself does not contain extensive financial or operational details, the attached press release is the key document for investors to review. This press release likely contains important updates regarding the company's performance, strategic initiatives, or recent developments that would be of interest to shareholders and potential investors. Investors should carefully examine the content of the April 26, 2023 press release for the most current and impactful information from Teradyne.
TERADYNE, INC 8-K Report, Bylaw Amendment (Mar 28, 2023)
Teradyne, Inc. (TER) has filed an 8-K to report on amendments to its corporate bylaws, effective March 24, 2023. These changes are primarily driven by the adoption of new "universal proxy" rules by the SEC. The amendments update the procedural requirements for stockholders wishing to nominate directors, aligning the company's governance with these updated regulations. Investors should note that these changes do not reflect any new business strategies or financial performance updates, but rather adjustments to the mechanics of shareholder engagement in director elections. The core of the amendment focuses on enhancing transparency and standardization in director nominations. Stockholders will need to adhere to stricter timelines and disclosure requirements when nominating a director, including providing advance notice within a specific window and complying with SEC Rule 14a-19. This aims to ensure a more orderly and predictable process for both the company and its shareholders during annual meetings.
TERADYNE, INC 8-K Report, Executive Changes (Feb 3, 2023)
Teradyne, Inc. (TER) filed an 8-K on February 3, 2023, to announce the official retirement of Mark E. Jagiela as Chief Executive Officer and a member of the Board of Directors, effective February 1, 2023. In connection with his retirement, a Retirement Agreement was executed, superseding previous termination benefits. This new agreement ensures that Mr. Jagiela's unvested equity awards will continue to vest until February 1, 2026, and vested options remain exercisable for their full term. Importantly, Mr. Jagiela has agreed to non-competition and non-solicitation clauses through the same date, ensuring continued protection for the company. Concurrently, Teradyne appointed Gregory S. Smith as the new Chief Executive Officer, also effective February 1, 2023, succeeding Mr. Jagiela. Mr. Smith, a long-time Teradyne executive with extensive experience in key divisions, has also joined the Board of Directors. A Severance Agreement was put in place for Mr. Smith, outlining terms for termination by the company (other than for cause, death, or disability) over a three-year period. This agreement includes provisions for 24 months of severance payments, continued benefits, and accelerated vesting of equity awards, in exchange for non-solicitation and non-competition covenants for specified periods.
TERADYNE, INC 8-K Report, Financial Results (Jan 26, 2023)
Teradyne, Inc. (TER) filed an 8-K on January 26, 2023, primarily to announce its Fourth Quarter and Full Year 2022 financial results via a press release dated January 25, 2023. This filing provides investors with the company's latest performance figures and operational updates. The key takeaway from this report is the disclosure of their financial results for the most recent quarter and the full fiscal year. Investors should review the press release for details on revenue, profitability, and any forward-looking guidance that may have been provided. While this 8-K is brief, the attached press release serves as the primary source of material information regarding Teradyne's financial health and outlook.
TERADYNE, INC 8-K Report, Executive Changes (Nov 16, 2022)
Teradyne, Inc. (TER) announced significant leadership changes via an 8-K filing on November 16, 2022, pertaining to events on November 15, 2022. The most notable information for investors is the retirement of Chief Executive Officer Mark E. Jagiela, effective February 1, 2023. This transition marks the end of an era for the company's long-standing leadership. Concurrently, Teradyne has appointed Gregory S. Smith as the new Chief Executive Officer, also effective February 1, 2023. Mr. Smith, who has been with Teradyne since 2006 and currently serves as President, brings extensive experience within the company, having previously led the Industrial Automation Group and the Semiconductor Test Division. His appointment to the Board of Directors further solidifies his integral role in the company's future direction. Investors should monitor the upcoming annual review of Mr. Smith's compensation in January 2023, which will be adjusted in light of his new CEO responsibilities.
TERADYNE, INC 8-K Report, Executive Changes (Nov 4, 2022)
Teradyne, Inc. (TER) announced a change in its Board of Directors via an 8-K filing on November 4, 2022. The primary focus of this filing is the election of Ernest E. Maddock as a new director, effective November 14, 2022. Mr. Maddock has also been appointed to the Board's Audit Committee. The company has confirmed that Mr. Maddock meets the independence requirements as defined by the SEC and Nasdaq, ensuring continued adherence to strong corporate governance standards. This appointment signifies a strengthening of the Board's oversight capabilities, particularly within the critical audit function. Investors should note the compensation structure for Mr. Maddock, which includes an annual cash retainer and a prorated equity grant of restricted stock units, aligning his interests with those of shareholders. The company has also disclosed that there are no undisclosed related-party transactions or agreements that would require further disclosure.
TERADYNE, INC 8-K Report, Financial Results (Oct 26, 2022)
Teradyne, Inc. (TER) filed an 8-K on October 26, 2022, to report its financial results for the third quarter ended October 2, 2022. The core of this filing is the press release furnished as Exhibit 99.1, which contains the company's performance details for the quarter. Investors should refer to this press release for specific financial metrics, operational updates, and forward-looking statements that were disclosed by Teradyne on October 25, 2022. While the 8-K itself is brief and primarily serves to incorporate the press release by reference, the attached press release will detail Teradyne's revenue, earnings per share, and any guidance provided for the upcoming periods. This information is crucial for investors assessing the company's current financial health and future prospects within the semiconductor test equipment industry.
TERADYNE, INC 8-K Report, Bylaw Amendment (Sep 6, 2022)
Teradyne, Inc. (TER) filed an 8-K on September 6, 2022, primarily to report an amendment to its Amended and Restated Bylaws. This amendment is significant for shareholders as it modifies the conditions under which directors can be removed. Previously, directors could only be removed for cause. The newly amended bylaws now allow shareholders to remove a director with or without cause, provided that the affirmative vote of a majority of the company's outstanding shares entitled to vote in director elections is obtained. This change grants shareholders greater power in corporate governance and director accountability. Investors should note that this shift from a 'for cause' removal standard to a 'with or without cause' standard by a majority vote could potentially impact board composition and responsiveness to shareholder sentiment. The full text of the Amended and Restated Bylaws is attached as an exhibit to this filing.
TERADYNE, INC 8-K Report, Financial Results (Jul 27, 2022)
Teradyne, Inc. (TER) filed an 8-K on July 27, 2022, to report its financial results for the second quarter ended July 3, 2022. The primary purpose of this filing is to furnish the accompanying press release, which contains the detailed financial performance and operational updates for the period. Investors should review the press release for specific metrics, guidance, and management commentary. This report does not contain extensive new disclosures beyond the press release. Therefore, the investor focus should be on the content within the provided press release (Exhibit 99.1) for a comprehensive understanding of Teradyne's second-quarter performance, its outlook for the upcoming periods, and any strategic implications that may arise from the reported results.
TERADYNE, INC 8-K Report, Executive Changes (Jun 7, 2022)
Teradyne, Inc. (TER) announced a significant leadership transition, appointing Greg Smith as President of the Company, effective July 1, 2022. This move comes as Mark Jagiela continues in his role as Chief Executive Officer, indicating a strategic strengthening of the executive team to drive future growth. Mr. Smith, with extensive experience within Teradyne since 2006, including leadership roles in the Industrial Automation Group and Semiconductor Test Division, is well-positioned to take on this expanded responsibility. This appointment is accompanied by a notable adjustment to Mr. Smith's compensation package, reflecting the increased scope of his role. His annual base salary will rise to $750,000, and his performance-based variable compensation target will increase to 100% of his base salary. Furthermore, he will become eligible for the Company's Cash Profit Sharing Plan. Investors should view this as a positive signal of Teradyne's commitment to retaining and incentivizing key talent in critical leadership positions.
TERADYNE, INC 8-K Report, Shareholder Vote Results (May 16, 2022)
Teradyne, Inc. (TER) filed an 8-K on May 16, 2022, reporting the results of its 2022 Annual Meeting of Stockholders held on May 13, 2022. The primary focus of this filing is the outcome of shareholder votes on key corporate governance and operational matters. All director nominees were overwhelmingly elected by shareholders, indicating strong support for the current board's composition and leadership. Additionally, shareholders provided advisory approval for the compensation of the Company's named executive officers, though with a noticeable level of opposition. The selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2022 was also ratified with substantial shareholder backing. This meeting confirms shareholder alignment on board composition and auditor selection, while executive compensation received advisory approval.
TERADYNE, INC 8-K Report, Financial Results (Apr 27, 2022)
Teradyne, Inc. (TER) filed an 8-K on April 27, 2022, to report its financial results for the first quarter ended April 3, 2022. The core of this filing is the accompanying press release, which details the company's performance and financial condition. Investors should review this press release for specific metrics on revenue, profitability, and any forward-looking statements or guidance provided by the company. This 8-K serves as the official notification and public dissemination of Teradyne's quarterly financial outcomes.
TERADYNE, INC 8-K Report, Financial Results (Jan 27, 2022)
Teradyne, Inc. (TER) filed an 8-K on January 27, 2022, primarily to furnish its press release detailing fourth-quarter and full-year 2021 financial results. The release, dated January 26, 2022, provides investors with the company's performance metrics for the period ending December 31, 2021. This filing is crucial for understanding Teradyne's recent financial health and operational achievements, offering insights into its revenue, profitability, and any significant financial events that occurred during the fourth quarter. Investors should review the furnished press release (Exhibit 99.1) for specific financial figures, including revenue, earnings per share, and any forward-looking guidance provided by the company. This report serves as the official notification of these results, allowing stakeholders to assess the company's trajectory and make informed investment decisions based on the latest disclosed financial information.
TERADYNE, INC 8-K Report, Financial Results (Oct 27, 2021)
Teradyne, Inc. (TER) filed an 8-K on October 27, 2021, to report its financial results for the third quarter ended October 3, 2021. The primary purpose of this filing is to furnish the press release detailing these results, which is included as Exhibit 99.1. Investors should refer to this press release for specific financial performance metrics, including revenue, profitability, and any forward-looking guidance provided by the company. While the 8-K itself does not contain detailed financial statements or management discussion beyond referencing the press release, it serves as the official notification of the release of this important information. Investors seeking to understand Teradyne's recent performance and future outlook should carefully review the furnished press release for a comprehensive overview of the company's operational and financial condition.
TERADYNE, INC 8-K Report, Executive Changes (Sep 29, 2021)
Teradyne, Inc. announced a significant change to its Board of Directors with the election of Ford Tamer, effective November 8, 2021. Mr. Tamer has also been appointed to the Board's Audit Committee. The company has confirmed that Mr. Tamer meets the criteria for independence as defined by SEC and Nasdaq rules, ensuring his objective contribution to board oversight. This appointment is accompanied by standard director compensation. Mr. Tamer will receive an annual salary of $80,000 and a prorated grant of restricted stock units valued at approximately $98,600. This equity award vests in full by May 2022, aligning his incentives with shareholder interests and the company's performance leading up to the 2022 Annual Meeting of Shareholders. The filing also confirms no related-party transactions or specific arrangements influencing his appointment, underscoring standard corporate governance practices.
TERADYNE, INC 8-K Report, Financial Results (Jul 28, 2021)
Teradyne, Inc. (TER) filed an 8-K on July 28, 2021, to report its financial results for the second quarter ended July 4, 2021. The press release, furnished as Exhibit 99.1, details the company's performance during the period. Investors should review this release for specific financial figures, segment performance, and any forward-looking statements or guidance provided by management. The filing primarily serves to formally incorporate the previously issued press release into the SEC's public record. While the 8-K itself does not contain new narrative analysis, it directs investors to the press release for the substantive financial and operational details of the second quarter. This includes key metrics such as revenue, earnings per share, and any commentary on market conditions or business outlook.
TERADYNE, INC 8-K Report, Executive Changes (May 13, 2021)
Teradyne, Inc. (TER) filed an 8-K on May 13, 2021, detailing outcomes from its May 7, 2021 Annual Meeting of Stockholders. Key decisions included the approval of amendments to the company's Articles of Organization, significantly lowering the voting threshold for critical corporate actions like mergers and asset sales from a supermajority to a simple majority. Additionally, shareholders can now act by a simple majority written consent, replacing the previous unanimous consent requirement, which generally enhances shareholder flexibility and responsiveness. Stockholders also approved an increase in the number of shares available under the 1996 Employee Stock Purchase Plan and modifications to the 2006 Equity and Cash Compensation Incentive Plan, including a new compensation cap for non-employee directors. Furthermore, all eight director nominees were elected, and the compensation of named executive officers was approved on an advisory basis. The selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2021 was also ratified. A notable executive change reported is the appointment of Paul J. Tufano as Chair of the Board of Directors, effective immediately.
TERADYNE, INC 8-K Report, Financial Results (Apr 28, 2021)
Teradyne, Inc. (TER) reported its first quarter financial results for the period ended April 4, 2021, via a press release filed on April 28, 2021. While the 8-K itself is brief and primarily serves to furnish the press release, the underlying financial performance detailed in that document is crucial for investors. This filing indicates the company's recent operational and financial standing, providing insights into revenue, profitability, and potentially guidance for future periods. Investors should carefully review the furnished press release for specific financial metrics and management commentary. The key takeaway for investors is to examine the details within the April 27, 2021, press release. This document will contain the actual financial numbers, such as revenue, earnings per share (EPS), and any forward-looking statements or guidance. Given that this 8-K is a routine filing to disclose earnings, the press release is the primary source of actionable information for evaluating Teradyne's current business momentum and its outlook.
TERADYNE, INC 8-K Report, Bylaw Amendment (Jan 29, 2021)
Teradyne, Inc. (TER) has filed an 8-K on January 29, 2021, detailing significant amendments to its Amended and Restated Bylaws. These changes, effective immediately as of January 26, 2021, are designed to enhance shareholder rights and engagement. The most impactful revisions include the implementation of proxy access, allowing eligible shareholders to nominate directors, and a reduction in the ownership threshold required to call a special meeting of shareholders. Specifically, proxy access now permits a shareholder or a group of up to 20 shareholders, holding at least 3% of outstanding voting shares for a minimum of three years, to nominate director candidates for inclusion in the company's proxy materials. This aligns with best practices in corporate governance and can increase shareholder influence. Additionally, the threshold for calling a special meeting has been lowered from two-thirds to a majority of all outstanding voting shares, making it easier for shareholders to convene and discuss important matters outside of the annual meeting.