Form 4: Teradata Corp. Chief Marketing Officer Sells Shares to Cover Tax Obligations

Teradata's Chief Marketing Officer, Jacqueline D. Woods, sold shares to cover tax obligations related to vested restricted share units.

Summary

• Jacqueline D. Woods, Chief Marketing Officer of Teradata Corp., sold 7,060 shares of common stock on December 9, 2024.
• The shares were sold at a price of $32.42 per share.
• The sale was conducted to satisfy tax obligations arising from the vesting of restricted share units.
• The transaction was reported on December 10, 2024.

Sentiment

Score: 5

Explanation: The document describes a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, and is common in publicly traded companies.

Comparison to Industry Standards

• Executive share sales to cover tax obligations are a standard practice across publicly listed companies.
• The number of shares sold and the price are within the typical range for such transactions.
• Similar transactions are regularly reported by executives at companies like Oracle, SAP, and Salesforce.

Stakeholder Impact

• The share sale has a minimal impact on shareholders as it is a routine transaction.

Key Dates

Keywords

Teradata, share sale, insider trading, stock transaction, tax obligations, restricted share units, Chief Marketing Officer