Form 4: Teradata Executive Jacqueline D. Woods Reports Acquisition of 20,262 Shares
SEC Form 4 Filing
Chief Marketing Officer of Teradata, Jacqueline D. Woods, reports acquiring 20,262 shares of common stock through a restricted share unit award.
Summary
- Jacqueline D. Woods, Chief Marketing Officer of Teradata, filed a Form 4 on February 29, 2024, reporting a transaction on February 27, 2024.
- Woods acquired 20,262 shares of Teradata common stock through an award of restricted share units.
- The restricted share units vest in three equal annual installments starting on February 27, 2025.
- Following the reported transaction, Woods directly owns 89,216 shares of Teradata common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The acquisition of shares by an executive is generally viewed positively, but it's not a major event.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The restricted share units will vest in three equal annual installments beginning on February 27, 2025.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a company executive can have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction: Acquisition of 20,262 shares of common stock and the vesting start date for restricted share units. |
| 02/27/2025 | First vesting date for the restricted share units, with vesting occurring in three equal annual installments. |
| 02/29/2024 | Date the Form 4 was filed. |
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