Form 4: Teradata Director Timothy Chou Sells 6,356 Shares

Sentiment:

SEC Form 4 Filing


Director Timothy Chou sold 6,356 shares of Teradata (TDC) common stock at an average price of $33.427 on May 20, 2024.

Summary

  • On May 20, 2024, Timothy C.K. Chou, a director of Teradata Corp, sold 6,356 shares of common stock.
  • The sale was executed at a weighted average price of $33.427 per share.
  • The prices ranged from $33.42 to $33.45.
  • Following the transaction, Chou directly owns 30,804 shares of Teradata common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This is a routine disclosure of a transaction by a company insider. It's important to monitor insider transactions as they can provide insights into management's perspective on the company's valuation and future prospects. However, one sale does not necessarily indicate a negative outlook.

Stakeholder Impact

  • The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates

DateDescription
05/20/2024Date of the stock sale transaction
05/21/2024Date of signature for the Form 4 filing

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