Form 4: Teradata Director Lisa R. Bacus Reports Acquisition of Common Stock

Sentiment:

SEC Form 4


Lisa R. Bacus, a director of Teradata Corp, reports the acquisition of 11,489 shares of common stock and the disposal of an unspecified amount on May 15, 2025.

Summary

  • On May 15, 2025, Lisa R. Bacus, a director of Teradata Corp, acquired 11,489 shares of common stock.
  • The acquisition was part of a restricted share unit award issued under the Director Compensation Program.
  • These units vest in four equal quarterly installments starting three months after the grant date.
  • Following the reported transaction, Bacus beneficially owns 75,104 shares of Teradata common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction related to director compensation. The acquisition of shares by a director is generally viewed positively, but it's part of a pre-existing plan.

Positives

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

Future Outlook

The restricted share units will continue to vest in quarterly installments over the next year.

Industry Context

Director share acquisitions are common and are often part of compensation packages designed to align the interests of directors with those of shareholders.

Key Dates

DateDescription
05/15/2025Date of transaction: Acquisition of common stock and disposal of an unspecified amount.
05/19/2025Date of signature on the Form 4 filing.

Keywords

Teradata, Director Compensation Program, Restricted Share Units, Beneficial Ownership, Form 4, Lisa R. Bacus, Common Stock, Acquisition

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