Form 4: Teradata Corp Executive Margaret A. Treese Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Margaret A. Treese, Chief Legal Officer of Teradata Corp, reports changes in beneficial ownership of company stock due to tax obligation fulfillment and restricted share unit awards.

Summary

  • On March 3, 2025, Margaret A. Treese, Chief Legal Officer of Teradata Corp, reported changes in her beneficial ownership of the company's common stock.
  • 3,152 shares were withheld by the company to satisfy tax obligations upon the vesting of restricted share units at a price of $23.38.
  • Treese was also awarded 46,211 restricted share units, which will vest in three equal annual installments starting on March 3, 2026.
  • Following these transactions, Treese directly owns 146,048 shares of Teradata Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating standard compensation practices. The award of restricted share units is a positive sign, but the tax withholding is a neutral event.

Positives

  • The award of 46,211 restricted share units to the Chief Legal Officer could be seen as a positive sign, aligning her interests with the long-term performance of the company.

Future Outlook

The restricted share units vest in three equal annual installments beginning on March 3, 2026, suggesting a multi-year commitment from the executive.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The changes in ownership may have a minor impact on shareholders, reflecting the executive's stake in the company's performance.

Key Dates

DateDescription
03/03/2025Date of transaction (tax withholding and award of restricted share units).
03/04/2025Date of signature on the Form 4 filing.
03/03/2026First vesting date for the awarded restricted share units.

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