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

Claire Bramley, CFO of Teradata Corp, disposed of 5,005 shares of common stock on March 1, 2024, to cover tax obligations upon vesting of restricted share units.

Summary

• On March 1, 2024, Claire Bramley, the Chief Financial Officer of Teradata Corp, disposed of 5,005 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 $38.56 per share.
• Following the transaction, Bramley directly owns 157,655 shares of Teradata Corp.
• The transaction was reported on a Form 4 filing with the SEC on March 5, 2024.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction to cover tax obligations 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 insider transactions and are closely watched by investors.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.

Key Dates