Form 4: Teradata Corp Executive Margaret A. Treese Reports Stock Transaction
SEC Form 4 Filing
Margaret A. Treese, Chief Legal Officer of Teradata Corp, reports the withholding of shares to cover tax obligations upon vesting of restricted share units.
Summary
- On March 6, 2024, Margaret A. Treese, Chief Legal Officer of Teradata Corp, reported a transaction involving common stock.
- The transaction involved the withholding of 3,788 shares to satisfy tax obligations upon the vesting of restricted share units.
- The price per share was $38.82.
- Following the transaction, Treese directly owns 102,283 shares of Teradata Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations, which has a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investor confidence and regulatory oversight.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: shares withheld for tax obligations. |
| 03/08/2024 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.