Form 4: Teradata Director Joanne Beth Olsen Reports Changes in Beneficial Ownership

Director Joanne Beth Olsen reports acquisition of restricted share units and disposal of common stock in Teradata Corp.

Summary

• Joanne Beth Olsen, a director of Teradata Corp, filed a Form 4 detailing changes in her beneficial ownership.
• On May 15, 2025, Olsen acquired 11,489 shares of common stock through an award of restricted share units under the Director Compensation Program.
• The restricted share 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.
• On the same date, Olsen disposed of 60,211 shares of common stock.
• Following these transactions, Olsen beneficially owns 60,211 shares of Teradata Corp.
• The transaction was filed on May 19, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing and does not inherently convey positive or negative sentiment. The disposal of shares could be seen as slightly negative, but without further context, it's neutral.

Positives

• The acquisition of restricted share units aligns the director's interests with the long-term performance of the company.

Negatives

• The disposal of 60,211 shares could be interpreted negatively by some investors, although the reason for disposal is not specified.

Risks

• The disposal of a significant number of shares by a director could potentially signal concerns about the company's future prospects, although this is speculative without further context.

Future Outlook

The document does not contain specific forward-looking statements regarding Teradata's future performance.

Industry Context

This filing is a routine disclosure related to insider trading and is a standard practice for publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice across all publicly listed companies in the US, ensuring transparency in insider trading activities.
• The vesting schedule of the restricted share units (quarterly installments commencing three months after the grant date) is a common practice in director compensation programs.
• Comparable companies like Oracle and IBM also have similar insider trading reporting requirements and compensation structures for their directors.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company directors as it can provide insights into management's perspective on the company's value.

Key Dates

Keywords

beneficial ownership, Form 4, Teradata, director, restricted share units, stock disposal, Olsen