Form 4: Teradata CRO Richard Petley Sells 34,317 Shares

Teradata Chief Revenue Officer Richard J. Petley sold 34,317 shares of common stock on May 7, 2026, under a Rule 10b5-1 trading plan.

Summary

• Richard J. Petley, Chief Revenue Officer of Teradata Corporation, executed a sale of 34,317 shares of common stock.
• The transaction occurred on May 7, 2026, at a price of $30.84 per share.
• The sale was conducted pursuant to a Rule 10b5-1 trading plan adopted on December 5, 2025.
• Following this transaction, Petley retains beneficial ownership of 207,627 shares of Teradata common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed under a pre-established 10b5-1 plan, which is a standard practice for executive financial planning.

Positives

• The transaction was pre-planned under a Rule 10b5-1 plan, which is a standard mechanism for executives to sell shares without triggering insider trading concerns.

Negatives

• The sale represents a reduction in the executive's direct equity stake in the company.

Risks

• Executive stock sales can sometimes be perceived by the market as a lack of confidence in future share price appreciation, though this was a pre-planned sale.

Future Outlook

No forward-looking guidance or strategic outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that executive stock sales under 10b5-1 plans are routine corporate governance events and generally do not signal a change in company fundamentals or strategic direction.

Comparison to Industry Standards

• The use of Rule 10b5-1 trading plans is the industry standard for corporate executives to manage personal liquidity while maintaining compliance with SEC regulations.

Stakeholder Impact

• Minimal impact on shareholders as the sale was pre-planned and represents a portion of the executive's total holdings.

Key Dates

Keywords

Teradata, TDC, Insider Trading, Form 4, Stock Sale, Chief Revenue Officer