Form 4: Teradata Director Kimberly K. Nelson Reports Acquisition of Restricted Share Units
SEC Form 4
Director Kimberly K. Nelson reports acquisition of restricted share units in Teradata Corp.
Summary
- Kimberly K. Nelson, a director of Teradata Corp, reported a transaction on May 15, 2025.
- Nelson acquired 11,489 shares of common stock through an award of restricted share units under the Director Compensation Program.
- The restricted share units were priced at $0.
- Following the transaction, Nelson beneficially owns 53,185 shares of Teradata Corp.
- The restricted share units vest in four equal quarterly installments starting three months after the grant date.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and aligns director interests with shareholders.
Positives
- The acquisition of restricted share units by a director signals confidence in the company's future performance.
Future Outlook
The restricted share units vest in four equal quarterly installments commencing three months after the grant date, incentivizing the director to contribute to the company's long-term success.
Industry Context
Director compensation in the form of restricted stock units is a common practice to align the interests of directors with those of shareholders.
Stakeholder Impact
- The acquisition of restricted share units by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Acquisition of restricted share units. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Teradata, Director Compensation Program, Restricted Share Units, Beneficial Ownership, Form 4, Nelson, Kimberly K. Nelson, TDC
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