Form 4: Teradata Executive Hillary Ashton Reports Stock Transaction
SEC Filing
Chief Product Officer of Teradata, Hillary Ashton, reports disposition of shares to cover tax obligations upon vesting of restricted share units.
Summary
- Hillary Ashton, Chief Product Officer of Teradata, filed a Form 4 with the SEC.
- The report details a transaction on March 6, 2024, where shares of common stock were disposed of to cover tax obligations.
- A total of 5,943 shares were withheld by the company at a price of $38.82 per share.
- Following the transaction, Ashton directly owns 136,344 shares of Teradata common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of the stock transaction (disposal of shares for tax obligations). |
| 03/08/2024 | Date of signature on the Form 4 filing. |
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