Form 4: Teradata CFO Ederer Reports RSU Award, Tax Withholding

Teradata's Chief Financial Officer, John Ederer, reported the acquisition of performance-based restricted share units and the subsequent withholding of shares for tax obligations.

Summary

• John Ederer, Chief Financial Officer of Teradata Corp (TDC), reported changes in his beneficial ownership of common stock.
• On February 11, 2026, Ederer acquired 46,747 shares of common stock as a performance-based restricted share unit (RSU) award.
• These RSUs were granted based on the attainment of specific performance goals by Teradata.
• Concurrently, 6,418 shares were disposed of at a price of $37.88 per share to satisfy tax obligations upon the vesting of performance-based restricted share units.
• Following these transactions, Ederer beneficially owns 307,524 shares of Teradata common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine insider transaction reflecting the vesting of performance-based equity awards and subsequent tax withholding, which is a standard practice. The award itself suggests the company met certain performance goals, which is a positive.

Positives

• The acquisition of 46,747 shares represents an award of performance-based restricted share units, indicating the achievement of company performance goals.
• The award aligns the CFO's interests with long-term shareholder value through equity compensation.

Negatives

• The disposition of 6,418 shares at $37.88 was solely for tax withholding purposes, not a discretionary sale by the insider.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the nature of the performance-based award.

Industry Context

StockSavvy.ai notes that performance-based restricted share unit awards are a common form of executive compensation across the technology and enterprise software industry, designed to incentivize management to achieve strategic and financial objectives. The tax withholding transaction is a standard practice upon the vesting of such awards.

Comparison to Industry Standards

• Performance-based RSU awards are a standard compensation practice for executives in publicly traded companies, particularly in the tech sector, aligning executive incentives with shareholder returns.
• Companies like Salesforce, Oracle, and Microsoft frequently utilize similar equity compensation structures for their senior leadership.
• The specific number of shares awarded and the performance criteria would typically be benchmarked against peer companies of similar size and market capitalization to ensure competitive compensation.

Related Party Transactions

• The transaction involves an executive (John Ederer) and the company (Teradata Corp) regarding equity compensation, which is a common type of related party transaction in the context of executive compensation.

Stakeholder Impact

• Shareholders: The award of performance-based RSUs aligns the CFO's interests with shareholder value creation. The tax withholding is a non-event for shareholders.
• Management: The CFO receives additional equity, increasing their stake in the company's future performance.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events (performance-based RSU award and tax withholding upon vesting) and does not provide new material information that would significantly alter the investment thesis for Teradata Corp. It confirms the CFO's continued equity stake and the achievement of past performance goals, which are generally neutral to slightly positive signals, but not enough to warrant a change in recommendation based solely on this filing.

Keywords

Teradata, TDC, John Ederer, Chief Financial Officer, CFO, SEC Form 4, Insider Trading, Restricted Share Units, RSU, Equity Compensation, Performance Award, Tax Withholding, Beneficial Ownership, Rule 10b5-1