Form 4: Teradata CAO Scot Rogers Reports Equity Transactions

Teradata's Chief Administrative Officer, Scot Frazier Rogers, reported the acquisition of performance-based restricted share units and the disposition of shares for tax obligations.

Summary

• Scot Frazier Rogers, Chief Administrative Officer of Teradata Corp, acquired 31,711 shares of common stock on February 11, 2026.
• This acquisition was a performance-based restricted share unit award, with a transaction price of $0.
• Concurrently, 4,813 shares of common stock were disposed of on February 11, 2026, to satisfy tax obligations upon the vesting of performance-based restricted share units.
• The disposition occurred at a price of $37.88 per share.
• Following these transactions, Rogers beneficially owns 186,520 shares of Teradata common stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as moderately positive, reflecting the routine nature of executive compensation through performance-based equity awards, which aligns management's interests with shareholder value, even with the standard tax-related share disposition.

Positives

• Acquisition of 31,711 performance-based restricted share units indicates management's continued alignment with company performance and potential future growth.

Negatives

• Disposition of 4,813 shares to cover tax obligations, while a common practice, reduces the direct beneficial ownership of the insider.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider equity awards, particularly performance-based restricted share units, are a common mechanism in the technology sector to align executive incentives with long-term company performance and shareholder value creation. The tax withholding transaction is a standard practice upon vesting of such awards.

Comparison to Industry Standards

• The use of performance-based restricted share units (RSUs) for executive compensation is a standard practice across the technology and enterprise software industry, comparable to compensation structures at companies like Oracle, SAP, and Salesforce, which often tie a significant portion of executive pay to company performance metrics.
• The withholding of shares to cover tax obligations upon RSU vesting is a routine and widely accepted method for managing tax liabilities for equity compensation, consistent with practices observed at most publicly traded companies globally.

Stakeholder Impact

• Shareholders: The acquisition of performance-based restricted share units by a key executive aligns management's incentives with shareholder interests, potentially fostering long-term value creation.
• Employees: The compensation structure reflects standard practices for executive incentives, which can influence broader employee compensation strategies.

Key Dates

Recommendation

The filing details routine insider transactions related to executive compensation, specifically the vesting of performance-based restricted share units and subsequent tax withholding. These transactions do not provide new fundamental information about the company's operational performance or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as the filing confirms standard compensation practices without altering the investment thesis.

Keywords

Teradata, TDC, Scot Frazier Rogers, Insider Trading, Form 4, Restricted Stock Units, Equity Compensation, Officer Transaction