Form 4: Teradata Chief Administrative Officer Granted Significant Equity Awards

Scot Frazier Rogers, Chief Administrative Officer of Teradata Corporation, was granted 159,622 shares of common stock through new-hire and annual restricted share unit awards.

Summary

• Scot Frazier Rogers, Chief Administrative Officer of Teradata Corporation (TDC), received a total of 159,622 shares of common stock.
• This total includes a new-hire award of 89,928 restricted share units (RSUs).
• Additionally, an annual award of 69,694 restricted share units (RSUs) was granted.
• Both awards were granted on June 13, 2025, at a price of $0 per share.
• The RSUs will vest in three equal annual installments, commencing on June 13, 2026.
• Following these transactions, Mr. Rogers beneficially owns 159,622 shares of Teradata Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as it indicates executive retention and alignment of interests, but it's a routine compensation disclosure rather than a significant operational or financial announcement.

Positives

• The awards represent a significant equity grant to a key executive, aligning management's interests with shareholder value.
• The new-hire award indicates the company's commitment to attracting and retaining top talent like Scot Frazier Rogers.
• The annual award demonstrates ongoing executive compensation and retention efforts.

Negatives

• The awards are restricted share units, meaning the shares are not immediately liquid and are subject to a vesting schedule.
• The awards will result in a minor dilution of existing shareholder equity as they vest, which is a standard practice for executive compensation.

Future Outlook

This filing details past equity awards and their future vesting schedule, but does not provide broader forward-looking statements or company guidance.

Industry Context

This Form 4 filing reflects a standard practice of executive compensation within the technology and data analytics industry, where equity awards like Restricted Share Units (RSUs) are commonly used to attract, retain, and incentivize key personnel. Such awards align executive interests with long-term company performance and shareholder value, a prevalent strategy across publicly traded companies, including Teradata's competitors in the data warehousing and cloud analytics space.

Comparison to Industry Standards

• The use of Restricted Share Units (RSUs) as a form of executive compensation is a common practice across the technology sector, including companies like Snowflake, Databricks, and Oracle, which also utilize equity grants to incentivize their leadership.
• The vesting schedule of three equal annual installments is typical for long-term incentive plans in the industry, designed to promote executive retention and align their interests with sustained company performance over several years.
• The grant of both a new-hire award and an annual award to a Chief Administrative Officer is consistent with compensation structures seen in large enterprise software companies, reflecting both initial recruitment incentives and ongoing performance recognition.

Related Party Transactions

• Scot Frazier Rogers, as Chief Administrative Officer, received equity awards from Teradata Corporation, which constitutes a related party transaction as it involves compensation from the company to a key executive.

Stakeholder Impact

• Shareholders: The issuance of new restricted share units will result in a minor dilution of existing shares over time as they vest, but also aims to align executive incentives with long-term shareholder value creation.
• Employees: This type of executive compensation can signal stability and a commitment to retaining leadership, potentially boosting morale.
• Management: The awards provide significant long-term incentives and compensation to the Chief Administrative Officer, aligning their financial interests with the company's performance.

Next Steps

• The restricted share units will begin vesting in three equal annual installments starting on June 13, 2026.

Key Dates

Recommendation

Keywords

Teradata, TDC, Scot Frazier Rogers, Chief Administrative Officer, SEC Form 4, Restricted Share Units, RSU, Equity Award, Insider Transaction, Executive Compensation, Stock Grant, Corporate Governance