Form 4: Teradata Executive Hillary Ashton Reports Stock Sales and Tax Withholdings

Sentiment:

SEC Filing


Hillary Ashton, Chief Product Officer of Teradata, reported the sale of company stock and shares withheld for tax obligations, according to a recent SEC filing.

Summary

  • Hillary Ashton, Chief Product Officer of Teradata, filed a Form 4 with the SEC detailing changes in beneficial ownership of Teradata stock.
  • On March 1, 2024, Ashton sold 9,743 shares of common stock at $37.45 per share.
  • Also on March 1, 2024, 4,860 shares were withheld by the company to satisfy tax obligations at a price of $38.56.
  • An additional 4,936 shares were withheld on March 1, 2024, for tax obligations at a price of $38.56.
  • On March 4, 2024, Ashton sold 4,621 shares of common stock at $38.55 per share.
  • Following these transactions, Ashton directly owns 142,287 shares of Teradata common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive and doesn't necessarily indicate a broader trend within the data analytics industry.

Stakeholder Impact

  • The stock sales by a company executive could be perceived negatively by shareholders, but the impact is likely minimal given the relatively small number of shares involved.
  • The tax withholding impacts the executive's personal finances but does not directly affect other stakeholders.

Key Dates

DateDescription
2022-05-16Date of adoption of Rule 10b5-1 trading plan.
2024-03-01Sale of 9,743 shares and withholding of 4,860 and 4,936 shares for tax obligations.
2024-03-04Sale of 4,621 shares.
2024-03-05Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.