Form 4: Teradata Executive Hillary Ashton Reports Stock Sales and Tax Withholdings
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
| Date | Description |
|---|---|
| 2022-05-16 | Date of adoption of Rule 10b5-1 trading plan. |
| 2024-03-01 | Sale of 9,743 shares and withholding of 4,860 and 4,936 shares for tax obligations. |
| 2024-03-04 | Sale of 4,621 shares. |
| 2024-03-05 | Date of signature on the Form 4 filing. |
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