Form 4: Teradata Executive Cullen-Cote Sells Shares to Cover Tax Obligations

Kathleen R. Cullen-Cote, Chief People Officer of Teradata Corp, sold shares to cover tax obligations arising from the vesting of restricted share units.

Summary

• On March 6, 2024, Kathleen R. Cullen-Cote, the Chief People Officer of Teradata Corp, disposed of 3,285 shares of common stock.
• The shares were sold at a price of $38.82 per share.
• This transaction was executed to satisfy tax obligations related to the vesting of restricted share units.
• Following the transaction, Cullen-Cote directly owns 124,310 shares of Teradata Corp.
• The transaction was reported on March 8, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider stock transaction. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates