Form 4: Teradata Director McElhatton Reports Acquisition and Disposal of Common Stock

Director Todd McElhatton reports acquisition of 11,489 common stock units and disposal of shares on May 15, 2025, resulting in a beneficial ownership of 32,875 shares.

Summary

• On May 15, 2025, Todd McElhatton, a director of Teradata Corp, reported acquiring 11,489 shares of common stock.
• These shares were acquired through an award of restricted share units under the Director Compensation Program.
• The units vest in four equal quarterly installments starting three months after the grant date.
• McElhatton also disposed of shares on the same day.
• Following these transactions, McElhatton's beneficial ownership of Teradata common stock is 32,875 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. There are no explicit positive or negative implications.

Positives

• The acquisition of restricted share units indicates continued alignment of the director's interests with the company's performance.

Future Outlook

The restricted share units vest in four equal quarterly installments commencing three months after the grant date, suggesting a continued equity stake for the director.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to the director's increased equity stake.

Key Dates

Keywords

Teradata, Director Compensation Program, Restricted Share Units, Beneficial Ownership, Form 4, McElhatton, Stock Acquisition, Stock Disposal