Form 4: Teradata Corp Executive Todd Cione Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Chief Revenue Officer Todd Cione of Teradata Corp reports disposing of shares to cover tax obligations upon vesting of restricted share units.
Summary
- Todd Cione, Chief Revenue Officer of Teradata Corp, filed a Form 4 with the SEC.
- The report details the disposal of Teradata Corp common stock on March 1, 2024, to cover tax obligations.
- A total of 3,845 shares were disposed of at a price of $38.56.
- An additional 3,331 shares were disposed of at a price of $38.56.
- Following these transactions, Cione directly owns 123,433 shares of Teradata Corp common stock.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of stock transactions for tax purposes and does not indicate any significant positive or negative sentiment.
Industry Context
Executive stock transactions are a normal part of corporate governance and are publicly disclosed to ensure transparency.
Stakeholder Impact
- The disposal of shares has a minimal impact on shareholders as it is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock disposal transactions. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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