Form 4: Teradata Corp Executive Margaret A. Treese Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Margaret A. Treese, Chief Legal Officer of Teradata Corp, reports changes in beneficial ownership of common stock due to vesting of performance-based restricted share units and shares withheld for tax obligations.
Summary
- On February 12, 2025, Margaret A. Treese, Chief Legal Officer of Teradata Corp, reported changes in her beneficial ownership of Teradata common stock.
- 20,111 shares were acquired due to the vesting of a performance-based restricted share unit award.
- 10,475 shares were disposed of to satisfy tax obligations upon the vesting of the award at a price of $24.62 per share.
- Following these transactions, Treese directly owns 106,419 shares of Teradata common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the stock ownership of key executives.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of transaction: acquisition of shares due to vesting of performance-based restricted share unit award and disposition of shares to satisfy tax obligations. |
| 02/14/2025 | Date of signature by Attorney-in-fact for Margaret A. Treese. |
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