Form 4: Teradata Executive Jacqueline D. Woods Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Jacqueline D. Woods, Chief Marketing Officer of Teradata Corp, disposed of shares to cover tax obligations upon vesting of restricted share units.
Summary
- On March 6, 2025, Jacqueline D. Woods, Chief Marketing Officer of Teradata Corp, disposed of 2,519 shares of common stock.
- The shares were withheld by the company to satisfy tax obligations arising from the vesting of restricted share units.
- The transaction was executed at a price of $22.98 per share.
- Following the transaction, Woods directly owns 112,626 shares of Teradata Corp.
- The transaction was reported on March 10, 2025.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes, with no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing reflects a common practice of executives selling shares to cover tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of the transaction (share disposal). |
| 03/10/2025 | Date of report filing. |
Keywords
Form 4, Teradata, TDC, Jacqueline D. Woods, Chief Marketing Officer, Share Disposal, Tax Obligations, Restricted Share Units, Beneficial Ownership
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