Form 4: Teradata Corp Executive Hillary Ashton Sells $412,000 in Company Stock
SEC Form 4
Hillary Ashton, Chief Product Officer of Teradata Corp, sold 14,962 shares of common stock at an average price of $27.53 on September 10, 2024.
Summary
- On September 10, 2024, Hillary Ashton, the Chief Product Officer of Teradata Corp, sold 14,962 shares of the company's common stock.
- The sale was executed at a weighted average price of $27.53 per share.
- The prices for individual transactions ranged from $27.465 to $27.59.
- Following the reported transaction, Ashton directly owns 121,382 shares of Teradata Corp.
- The reporting person will provide information regarding the number of shares sold at each price within the range upon request to the issuer, any security holder, or the SEC staff.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by an executive. It's a neutral event in isolation, with no inherent positive or negative sentiment. The impact on the stock price depends on various factors, including the size of the sale relative to the executive's holdings and the overall market sentiment.
Industry Context
Executive stock sales are a common occurrence and can be for various reasons, including diversification, tax planning, or personal expenses. It's important to consider the context of the sale, such as the overall trading volume and the executive's remaining holdings, to assess its potential impact.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders, depending on market perception and the volume of shares sold.
- The sale does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of the stock sale transaction. |
| 09/11/2024 | Date of signature by Attorney-in-fact for Hillary Ashton. |
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