Form 4: Teradata CEO Stephen McMillan Sells 20,000 Shares

Teradata Corporation President and CEO Stephen McMillan sold 20,000 shares of common stock on May 12, 2026.

Summary

• Stephen McMillan, President and CEO of Teradata Corporation, executed a sale of 20,000 shares of common stock.
• The shares were sold at a weighted average price of $31.7079 per share.
• The transaction occurred on May 12, 2026.
• Following this transaction, the reporting person retains beneficial ownership of 762,446 shares of Teradata common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a routine disclosure of an insider transaction that does not indicate a change in corporate strategy or financial health.

Positives

• The sale represents a partial liquidation of holdings, leaving the CEO with a significant remaining stake of 762,446 shares, which aligns his interests with long-term shareholders.

Negatives

• Insider selling by a CEO can sometimes be perceived by the market as a lack of confidence in the short-term stock price performance.

Risks

• Market volatility affecting the share price of Teradata (TDC).

Future Outlook

NA

Industry Context

StockSavvy.ai notes that executive stock sales are common occurrences for liquidity or tax planning purposes and do not necessarily reflect a change in the company's fundamental business outlook or strategic direction.

Comparison to Industry Standards

• Executive selling activity is standard practice among S&P 500 and technology sector leadership for personal financial management.

Stakeholder Impact

• Minimal impact expected on shareholders as this is a standard insider transaction disclosure.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Teradata, TDC, Insider Trading, Form 4, Stephen McMillan, Stock Sale