Form 4: Teradata CFO Claire Bramley Reports Stock Disposal for Tax Obligations

Claire Bramley, CFO of Teradata Corp, reports disposing of 3,563 shares of common stock to cover tax obligations upon vesting of restricted share units.

Summary

• On June 17, 2024, Claire Bramley, the Chief Financial Officer of Teradata Corp, disposed of 3,563 shares of common stock.
• The disposal was executed to satisfy tax obligations related to the vesting of restricted share units.
• The shares were sold at a price of $33.32 per share.
• Following the transaction, Bramley directly owns 146,345 shares of Teradata Corp.
• The transaction was reported on a Form 4 filing with the SEC on June 18, 2024.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction. The sale of shares to cover tax obligations is a common practice and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency into the transactions of company executives and directors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive to cover tax obligations.

Key Dates