Form 4: Teradata COO Boosts Stake with RSU Vesting

Teradata's Chief Operating Officer, Michael D. Hutchinson, increased his direct beneficial ownership by 40,960 shares following the vesting of performance-based restricted share units.

Summary

• Michael D. Hutchinson, Chief Operating Officer of Teradata Corp, reported transactions on February 11, 2026.
• He acquired a total of 60,471 shares of Common Stock through the vesting of performance-based restricted share unit awards, with an acquisition price of $0 per share.
• Concurrently, 19,511 shares were disposed of at a price of $37.88 per share to satisfy tax obligations related to the vesting.
• Following these transactions, Hutchinson's direct beneficial ownership of Teradata Common Stock increased by a net of 40,960 shares, bringing his total holdings to 177,984 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive indicator, reflecting the successful achievement of performance goals leading to executive compensation and an increase in insider ownership, albeit with routine tax-related sales.

Positives

• Chief Operating Officer Michael D. Hutchinson increased his direct beneficial ownership by a net of 40,960 shares, demonstrating continued alignment with shareholder interests.
• The acquisition of 60,471 shares at $0 indicates the successful attainment of performance goals by the issuer, leading to the vesting of restricted share units.

Negatives

• 19,511 shares were sold to cover tax obligations, which is a common practice but represents a reduction in the total shares received from the awards.

Future Outlook

The filing does not contain specific forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that executive compensation through performance-based restricted stock units is a standard practice across the technology and enterprise software industry, aligning executive incentives with long-term company performance and shareholder value creation. The tax-related sales are also a routine part of RSU vesting.

Related Party Transactions

• The acquisition of performance-based restricted share units by a Chief Operating Officer is a form of executive compensation, representing a transaction between the company and a related party (executive).

Stakeholder Impact

• Shareholders: The increase in executive ownership aligns management's interests with shareholders, potentially fostering long-term value creation.
• Employees: The vesting of performance-based awards can signal successful company performance, potentially boosting employee morale and confidence in leadership.
• Management: Michael D. Hutchinson's compensation package is being realized, reflecting achievement of performance targets.

Key Dates

Keywords

Teradata, TDC, Form 4, Insider Trading, Restricted Stock Units, RSU, Executive Compensation, Michael D. Hutchinson, Chief Operating Officer, Share Ownership