Form 4: Teradata Executive Kathleen Cullen-Cote Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Kathleen Cullen-Cote, Chief People Officer of Teradata, reports the disposal and acquisition of company stock, including shares withheld for tax obligations and sales under a pre-arranged trading plan.

Summary

  • Kathleen Cullen-Cote, Chief People Officer of Teradata Corp, reported transactions involving Teradata's common stock.
  • On March 6, 2025, 3,285 shares were withheld by the company to satisfy tax obligations upon the vesting of restricted share units at a price of $22.98.
  • On March 7, 2025, Cullen-Cote sold 1,755 shares at a price of $22.88.
  • Following these transactions, Cullen-Cote beneficially owns 142,707 shares of Teradata common stock.
  • The sale of shares on March 7, 2025, was executed pursuant to a Rule 10b5-1 trading plan adopted on November 13, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common among corporate executives. These transactions are subject to regulatory scrutiny to prevent illegal insider trading.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates

DateDescription
11/13/2024Date of adoption of Rule 10b5-1 trading plan
03/06/2025Shares withheld for tax obligations
03/07/2025Sale of shares under Rule 10b5-1 trading plan
03/10/2025Date of signature on the Form 4 filing

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