Form 4: Teradata COO Michael Hutchinson's Routine Tax-Related Stock Sale

Teradata's Chief Operating Officer, Michael D. Hutchinson, disposed of 15,208 shares of common stock to cover tax obligations related to restricted share unit vesting.

Summary

• Michael D. Hutchinson, Chief Operating Officer of Teradata Corporation (TDC), reported a transaction involving company common stock.
• On March 3, 2026, Hutchinson disposed of 15,208 shares of Teradata Common Stock.
• The shares were withheld by the company at a price of $30.36 per share to satisfy tax obligations upon the vesting of restricted share units.
• Following this transaction, Hutchinson beneficially owns 157,724 shares of Teradata Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a standard, non-discretionary transaction for tax purposes related to equity compensation and does not indicate a change in management's outlook or a strategic move.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that this type of transaction, often referred to as a 'sell to cover,' is a common and routine event for executives receiving equity compensation. It typically reflects the automatic withholding of shares to satisfy tax liabilities upon the vesting of restricted stock units, rather than a discretionary sale based on market sentiment.

Stakeholder Impact

• Shareholders: This routine transaction has minimal direct impact on shareholders, as it is a standard part of executive compensation and tax management.

Key Dates

Keywords

Teradata, TDC, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Michael D. Hutchinson