Form 4: Teradata Corp Executive Richard J. Petley Reports Changes in Beneficial Ownership
SEC Filing
Richard J. Petley, Chief Revenue Officer of Teradata Corp, reports a transaction involving common stock due to tax obligations upon vesting of restricted share units.
Summary
- Richard J. Petley, Chief Revenue Officer of Teradata Corp, filed a Form 4 to report changes in beneficial ownership of the company's stock.
- On February 27, 2025, 2,899 shares of common stock were disposed of to satisfy tax obligations upon the vesting of restricted share units.
- The transaction price was $23.46 per share.
- Following the transaction, Petley directly owns 70,967 shares of Teradata Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: Shares disposed of to cover tax obligations. |
| 02/28/2025 | Date of signature by Attorney-in-fact. |
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