Form 4: Teradata Director Sells Shares

Teradata Corporation director Todd McElhatton reported a sale of 15,000 shares of common stock on May 22, 2026, for an aggregate price of $501,990.

Summary

• Director Todd McElhatton sold 15,000 shares of Teradata Corporation common stock on May 22, 2026.
• The sale was executed at a weighted average price of $33.4681 per share, with individual transactions ranging from $33.45 to $33.5202.
• Following the transaction, McElhatton beneficially owns 26,665 shares of common stock directly.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the director's sale of a significant number of shares, although the transaction itself is a standard disclosure.

Negatives

• Director Todd McElhatton sold a significant number of shares (15,000) of company stock.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a past transaction.

Industry Context

StockSavvy.ai notes that insider selling, particularly by directors, can sometimes be interpreted by the market as a signal of reduced confidence or a need for personal liquidity. However, Form 4 filings are routine and do not inherently indicate negative sentiment without further context on the reasons for the sale.

Stakeholder Impact

• Shareholders may view the director's sale as a potential negative signal, although the reasons for the sale are not disclosed.
• The company's management team is subject to ongoing scrutiny of insider transactions.

Key Dates

Recommendation

This filing reports a routine insider transaction (sale of shares by a director) and does not provide new financial performance data or strategic updates that would warrant a buy or sell recommendation. Therefore, a 'hold' recommendation is appropriate, pending further information.

Keywords

Teradata Corp, TDC, Form 4, insider trading, stock sale, director transaction, beneficial ownership