Form 4: Teradata Corp Executive Cullen-Cote Sells Shares Under 10b5-1 Plan
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
| Date | Description |
|---|---|
| 11/13/2024 | Date the Reporting Person adopted the Rule 10b5-1 trading plan |
| 03/04/2025 | Date of the transaction (sale of shares) |
| 03/05/2025 | Date of the Form 4 filing |
Keywords
Form 4, Teradata Corp, Cullen-Cote, Share Sale, 10b5-1 Plan, Executive, TDC
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