Form 4: Teradata CEO Stephen McMillan Reports Stock Transaction
SEC Form 4 Filing
Stephen McMillan, President and CEO of Teradata Corp, reports disposition of shares to cover tax obligations.
Summary
- On February 27, 2025, Stephen McMillan, the President and CEO of Teradata Corp, reported a transaction involving the company's common stock.
- A total of 20,470 shares were disposed of at a price of $23.46 per share to satisfy tax obligations upon the vesting of restricted share units.
- Following the transaction, McMillan directly owns 406,274 shares of Teradata common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding stock transactions by a company executive, and does not contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track the buying and selling activity of executives and directors.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of stock transaction |
| 02/28/2025 | Date of signature on the report |
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