Form 4: Teradata COO Michael Hutchinson Reports Stock Transaction
SEC Form 4 Filing
Chief Operating Officer of Teradata, Michael Hutchinson, reports a transaction involving common stock on February 27, 2025.
Summary
- Michael D. Hutchinson, Chief Operating Officer of Teradata Corp, filed a Form 4 on February 28, 2025.
- The report details a transaction on February 27, 2025, where 3,661 shares of common stock were disposed of at a price of $23.46.
- This disposal was to satisfy tax obligations upon the vesting of restricted share units.
- Following the transaction, Hutchinson beneficially owns 59,128 shares of Teradata common stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a key executive at Teradata.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of stock transaction (disposal of shares). |
| 02/28/2025 | Date of Form 4 filing. |
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