Form 4: Teradata CRO Petley's Tax-Related Stock Disposition

Sentiment:

Insider Transaction Report 3 March 2026 4:49 PM

Teradata's Chief Revenue Officer, Richard J. Petley, disposed of 2,899 shares of common stock to cover tax obligations related to restricted share unit vesting.

Summary

Richard J. Petley, Chief Revenue Officer of Teradata Corp, reported a disposition of 2,899 shares of common stock.
The transaction occurred on February 27, 2026, at a price of $31.49 per share.
These shares were withheld by the company to satisfy tax obligations upon the vesting of restricted share units.
Following this transaction, Petley beneficially owns 184,176 shares of Teradata common stock.
A Limited Power of Attorney, effective February 17, 2026, was granted by Richard J. Petley to Irving Gomez, Scot F. Rogers, and Juliet C. Shadoan to handle SEC filings, including Forms 3, 4, and 5.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine tax-related disposition of shares following the vesting of restricted stock units, which is a standard part of executive compensation.

Positives

The transaction is a routine tax withholding, indicating the vesting of restricted share units, which is a form of compensation.

Negatives

A reduction in direct share ownership by a key executive, albeit for tax purposes.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as tax-related dispositions of shares upon vesting of restricted stock units, are common across the technology and software industry. These transactions typically do not signal a change in executive sentiment towards the company's prospects but rather reflect standard compensation and tax planning practices.

Comparison to Industry Standards

This transaction is a standard tax withholding event, common for executives receiving equity compensation across all industries.
It aligns with typical practices for managing vested restricted stock units and does not indicate any deviation from global benchmarks in executive compensation or share management.

Corporate Governance

Change Type	Description	Effective Date	Impact Assessment
Power of Attorney Grant	Richard J. Petley granted a Limited Power of Attorney to Irving Gomez, Scot F. Rogers, and Juliet C. Shadoan, effective February 17, 2026. This authorizes them to prepare, execute, and file SEC reports (Forms 3, 4, 5, and 144) on his behalf, manage his EDGAR account, and obtain transaction information.	02/17/2026	This is a standard corporate governance practice to ensure timely and compliant SEC filings for executives, streamlining the reporting process and reducing administrative burden on the executive.

Stakeholder Impact

Shareholders: Minimal direct impact. A slight reduction in executive ownership, but for a routine tax purpose.
Employees: No direct impact.
Customers: No direct impact.
Suppliers: No direct impact.
Creditors: No direct impact.

Key Dates

Date	Description
02/04/2026	Date Limited Power of Attorney was executed by Richard J. Petley.
02/17/2026	Effective date of the Limited Power of Attorney granted by Richard J. Petley.
02/27/2026	Date of the reported transaction where shares were disposed of for tax obligations.
03/03/2026	Date the Form 4 was signed by the attorney-in-fact.

Recommendation

hold

This Form 4 filing details a routine tax-related disposition of shares by a key executive. Such transactions are standard practice for equity compensation and do not typically indicate a change in the company's fundamental outlook or the executive's confidence. Therefore, a 'hold' recommendation is appropriate as this event provides no new material information to alter an investment thesis.

Keywords

Teradata, TDC, Richard J. Petley, Chief Revenue Officer, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Share Units, Corporate Governance

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