Form 4: Teradata CFO John Ederer Reports Acquisition of Restricted Share Units
SEC Form 4 Filing
Chief Financial Officer of Teradata, John Ederer, reports the acquisition of restricted share units in two separate transactions.
Summary
- John Ederer, the Chief Financial Officer of Teradata, filed a Form 4 detailing changes in beneficial ownership.
- On May 16, 2025, Ederer acquired 205,479 restricted share units as a new-hire award, vesting in three installments.
- Ederer also acquired 102,740 restricted share units as an annual award, vesting in three equal annual installments starting May 16, 2026.
- Following these transactions, Ederer beneficially owns 308,219 shares of Teradata common stock.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to positive.
Positives
- The granting of restricted share units to the CFO aligns his interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the CFO.
Future Outlook
The vesting schedules for the restricted share units suggest a commitment to Teradata's long-term performance.
Industry Context
Granting restricted stock units is a common practice in the tech industry to incentivize and retain key executives.
Comparison to Industry Standards
- Equity compensation packages for CFOs in the tech industry typically include a mix of stock options, restricted stock units, and performance-based awards.
- The vesting schedules are generally structured to align with the company's long-term strategic goals.
- Companies like Oracle, IBM, and SAP also use similar equity compensation strategies for their executive teams.
Stakeholder Impact
- Shareholders may view the equity compensation as a positive sign, aligning management's interests with the company's long-term success.
- Employees may see this as a positive sign of the company investing in its leadership.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transactions: acquisition of new-hire and annual restricted share units. |
| 05/16/2026 | First vesting date for the annual award of restricted share units. |
Keywords
Teradata, John Ederer, CFO, restricted share units, Form 4, beneficial ownership, equity compensation
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