Form 4: Director Timothy Chou Sells Teradata Shares
Statement of Changes in Beneficial Ownership
Teradata Corporation Director Timothy C.K. Chou sold 5,657 shares of common stock on June 8, 2026.
Summary
- Director Timothy C.K. Chou sold 5,657 shares of Teradata Corporation (TDC) common stock.
- The shares were sold at a price of $33.72 per share.
- The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on March 9, 2026.
- Following the transaction, the reporting person retains beneficial ownership of 39,210 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a routine divestment by a director.
Positives
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates the sale is for personal financial planning rather than a reaction to non-public information.
Negatives
- The sale represents a reduction in the director's direct equity stake in the company.
Risks
- Insider selling can sometimes be perceived negatively by the market as a signal of management's view on the company's valuation.
Future Outlook
No forward-looking guidance regarding company operations was provided in this filing.
Industry Context
StockSavvy.ai notes that director sales executed via 10b5-1 plans are standard corporate governance practices and generally do not reflect changes in company strategy or outlook.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is a standard industry practice for corporate insiders to sell shares while avoiding potential insider trading liability.
Stakeholder Impact
- Minimal impact expected on shareholders as the sale was pre-planned and limited in volume.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 03/09/2026 | Date the Rule 10b5-1 trading plan was adopted. |
| 06/08/2026 | Date of the stock sale transaction. |
| 06/10/2026 | Date the Form 4 was signed and filed. |
Keywords
Teradata, TDC, Insider Trading, Form 4, Director Sale, Equity
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