Form 4: Teradata Director Timothy Chou Acquires Shares Under Director Compensation Program

Director Timothy Chou acquired 11,489 shares of Teradata common stock under the Director Compensation Program, while also disposing of 42,293 shares.

Summary

• On May 15, 2025, Timothy Chou, a director of Teradata Corp, acquired 11,489 shares of common stock.
• The acquisition was part of the Director Compensation Program.
• The price per share for the acquisition was $0.
• Chou also disposed of 42,293 shares.
• Following the transaction, Chou beneficially owns 42,293 shares.
• The restricted share units vest in four equal quarterly installments commencing three months after the grant date.
• The reporting person has elected to defer receipt of the shares until five years from the date of grant.

Sentiment

Score: 5

Explanation: The document itself is neutral, simply reporting a transaction. The sentiment depends on how investors interpret the director's actions (acquisition vs. disposal).

Positives

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

Negatives

• The disposal of 42,293 shares by the director could be interpreted negatively by investors.

Risks

• The disposal of a significant number of shares by a director could create uncertainty among investors.

Future Outlook

The document does not contain specific forward-looking statements about Teradata's overall financial performance, but it does detail the vesting schedule and deferral of shares related to the Director Compensation Program.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions. It provides transparency into the actions of company directors and their holdings of company stock. Such filings are common for publicly traded companies and are used by investors to gauge management's alignment with shareholder interests.

Comparison to Industry Standards

• Director compensation programs are common across publicly traded companies.
• The specifics of Teradata's program, such as the vesting schedule and deferral options, would need to be compared to those of peer companies to assess its competitiveness and alignment with industry norms.
• Companies like Oracle, SAP, and IBM also have director compensation programs that include stock awards and options.

Stakeholder Impact

• The stock transactions of company directors can influence investor sentiment and potentially impact the stock price.
• The Director Compensation Program affects the alignment of interests between the board and shareholders.

Key Dates

Keywords

Teradata, Director Compensation Program, Share Acquisition, Form 4, Timothy Chou, Beneficial Ownership, Stock Transaction, Director, Shares