Form 4: Teradata Corp Executive Cullen-Cote Sells Shares Under 10b5-1 Plan

Sentiment:

SEC Form 4 Filing


Kathleen R. Cullen-Cote, Chief People Officer of Teradata Corp, sold 1,881 shares of common stock at $23.16 per share on March 4, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

  • On March 4, 2025, Kathleen R. Cullen-Cote, the Chief People Officer of Teradata Corp, sold 1,881 shares of the company's common stock.
  • The sale was executed at a price of $23.16 per share.
  • The transaction was conducted under a Rule 10b5-1 trading plan adopted by Cullen-Cote on November 13, 2024.
  • Following the transaction, Cullen-Cote directly owns 147,747 shares of Teradata Corp.
  • The Form 4 filing was signed by Juliet C. Shadoan, Attorney-in-fact for Kathleen R. Cullen-Cote, on March 5, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an executive's stock sale under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any forward-looking statements.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

DateDescription
11/13/2024Date the Reporting Person adopted the Rule 10b5-1 trading plan
03/04/2025Date of the transaction (sale of shares)
03/05/2025Date of the Form 4 filing

Keywords

Form 4, Teradata Corp, Cullen-Cote, Share Sale, 10b5-1 Plan, Executive, TDC

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