Form 4: Teradata Director John Schwarz Reports Acquisition of Restricted Share Units

Director John Schwarz reports the acquisition of 11,489 restricted share units in Teradata Corp under the Director Compensation Program.

Summary

• On May 15, 2025, John Schwarz, a director of Teradata Corp, acquired 11,489 shares of common stock.
• These shares were awarded as restricted share units under the Director Compensation Program.
• The units vest in four equal quarterly installments starting three months after the grant date.
• Schwarz has elected to defer receipt of the shares until after his service as a director terminates.
• Following the transaction, Schwarz beneficially owns 101,779 shares of Teradata Corp.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and aligns director interests with the company's long-term performance.

Positives

• The acquisition of restricted share units aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the director.

Future Outlook

The director's deferred receipt of shares suggests a long-term commitment to the company's success.

Industry Context

Director compensation in the form of restricted stock units is a common practice to align management's interests with shareholder value.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity, with equity grants typically vesting over several years to incentivize long-term performance.
• Companies like Oracle and SAP also use restricted stock units as part of their director compensation plans, with vesting schedules and deferral options varying based on company policy.

Stakeholder Impact

• Shareholders may view the director's acquisition of restricted share units positively, as it aligns the director's interests with the company's long-term success.
• Employees may see this as a sign of stability and commitment from the company's leadership.

Key Dates

Keywords

Teradata, Director Compensation Program, Restricted Share Units, Beneficial Ownership, Form 4, Schwarz, Director