Form 4: Teradata Director Joanne Beth Olsen Reports Acquisition of Restricted Share Units

Director Joanne Beth Olsen reports the acquisition of restricted share units in Teradata Corp.

Summary

• Joanne Beth Olsen, a director of Teradata Corp, filed a Form 4 indicating changes in beneficial ownership.
• On May 14, 2024, Olsen acquired 6,927 shares of common stock through the award of restricted share units under the Director Compensation Program.
• These units vest in four equal, quarterly installments starting three months after the grant date.
• Olsen has elected to defer receipt of the shares until after the termination of her service as a director.
• Following the transaction, Olsen beneficially owns 48,722 shares of Teradata Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of shares, which is neither overtly positive nor negative.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.

Future Outlook

The reporting person has elected to defer receipt of the shares until after the termination of her service as a director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of shares by a director can influence investor sentiment.

Key Dates