Form 4: Teradata Corp Executive Margaret A. Treese Reports Stock Disposals to Cover Tax Obligations

Margaret A. Treese, Chief Legal Officer of Teradata Corp, reported the disposal of common stock to cover tax obligations arising from the vesting of restricted share units.

Summary

• On March 1, 2024, Margaret A. Treese, Chief Legal Officer of Teradata Corp, disposed of 2,807 shares of common stock at a price of $38.56.
• Additionally, on the same date, she disposed of another 3,146 shares of common stock, also at $38.56.
• These disposals were made to satisfy tax obligations upon the vesting of restricted share units.
• Following these transactions, Treese directly owns 106,071 shares of Teradata Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation and tax planning. These transactions are closely monitored by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but it is unlikely to be significant given the relatively small number of shares involved.

Key Dates