Form 4: Teradata CFO Claire Bramley Sells Shares Under 10b5-1 Trading Plan

Claire Bramley, CFO of Teradata Corp, sold a significant number of shares of common stock on March 10, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On March 10, 2025, Claire Bramley, the Chief Financial Officer of Teradata Corp, executed multiple sales of the company's common stock.
• These transactions were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2024.
• A total of 35,464 shares were sold at weighted average prices ranging from $22.470 to $23.52 per share.
• Following these transactions, Ms. Bramley directly owns 105,833 shares of Teradata common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports the sale of shares under a pre-existing trading plan. It doesn't inherently indicate positive or negative sentiment towards the company's prospects.

Industry Context

Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of insider trading. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, potentially leading to concerns about the company's future prospects, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates