Form 4: Teradata Executive Cullen-Cote Reports Share Transactions

Kathleen R. Cullen-Cote, Chief People Officer of Teradata Corp, reports acquisition and disposal of common stock related to vesting of performance-based restricted share units.

Summary

• Kathleen R. Cullen-Cote, Chief People Officer of Teradata Corp, filed a Form 4 detailing changes in beneficial ownership.
• On February 12, 2025, Cullen-Cote acquired 18,282 shares of common stock due to the vesting of a performance-based restricted share unit award.
• Also on February 12, 2025, 6,372 shares were withheld by Teradata to satisfy tax obligations related to the vesting of the award at a price of $24.62 per share.
• Following these transactions, Cullen-Cote directly owns 118,758 shares of Teradata common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation. The vesting of shares based on performance goals is a positive sign, but the tax withholding is a neutral event.

Positives

• The vesting of performance-based restricted share units suggests the achievement of certain performance goals by Teradata.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.

Comparison to Industry Standards

• Monitoring insider transactions is a common practice in financial analysis.
• Comparing Cullen-Cote's transactions to those of executives at peer companies like Snowflake, Oracle, and SAP can provide insights into relative valuation and sentiment.
• Significant insider buying might suggest undervaluation, while heavy selling could indicate concerns about future performance.

Stakeholder Impact

• The vesting of performance-based restricted share units aligns executive compensation with company performance, potentially benefiting shareholders.
• The tax withholding impacts Cullen-Cote's personal finances.

Key Dates