secwatch.observer — SEC 8-K summary
======================================

Issuer:     TERADYNE, INC (TER)
CIK:        0000097210
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0001193125-25-194047
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Teradyne Robotics President Ujjwal Kumar departs; receives $1.13M severance
---------------------------------------------------------------------------

- Ujjwal Kumar's tenure as President of Teradyne Robotics ended August 29, 2025.
- He will remain employed through September 30, 2025, to transition responsibilities.
- Separation agreement provides $1,130,000 cash severance (12 months salary + bonus at targets) in two installments.
- Kumar also receives a pro-rated 2025 annual cash bonus based on actual performance, paid in early 2026.
- Agreement includes non-compete, non-solicitation, and non-disparagement covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97210/000119312525194047/0001193125-25-194047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97210/000119312525194047/d32102d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-194047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer