Form 4: Teradata CRO Richard Petley Reports Stock Tax Withholding

Teradata Chief Revenue Officer Richard J. Petley reported the withholding of 1,829 shares to satisfy tax obligations related to restricted stock unit vesting.

Summary

• Richard J. Petley, Chief Revenue Officer of Teradata Corporation, executed a transaction on May 13, 2026.
• The transaction involved the withholding of 1,829 shares of common stock by the company.
• The shares were withheld at a price of $32.70 per share to satisfy tax withholding obligations upon the vesting of restricted share units.
• Following this transaction, the reporting person maintains beneficial ownership of 205,798 shares of Teradata common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a mandatory tax compliance action rather than a strategic or market-driven decision.

Positives

• The transaction is a routine administrative action related to tax obligations rather than a discretionary sale of shares.
• The reporting person retains a significant equity stake of 205,798 shares, indicating continued alignment with shareholder interests.

Negatives

• None; this is a standard tax-related withholding event.

Risks

• None; this filing pertains to a routine tax withholding event.

Future Outlook

Not applicable; this is a historical disclosure of a completed transaction.

Industry Context

StockSavvy.ai notes that routine tax withholding filings by C-suite executives are standard corporate governance practices and do not typically signal changes in management sentiment or company outlook.

Comparison to Industry Standards

• The transaction follows standard industry practices for equity compensation management among publicly traded technology firms.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a routine tax settlement.

Key Dates

Keywords

Teradata, TDC, Form 4, Insider Trading, Tax Withholding, Chief Revenue Officer