Form 4: Teradata Executive Michael D. Hutchinson Sells 18,500 Shares
SEC Form 4
Teradata's Chief Customer Officer, Michael D. Hutchinson, sold 18,500 shares of common stock on May 9, 2024.
Summary
- On May 9, 2024, Michael D. Hutchinson, Chief Customer Officer of Teradata Corp, sold 18,500 shares of Teradata common stock.
- The sale was executed at a weighted average price of $32.962 per share.
- Following the transaction, Hutchinson directly owns 55,190 shares of Teradata common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The stock sale could influence investor sentiment regarding Teradata's stock.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of the stock sale transaction |
| 05/10/2024 | Date of signature for the Form 4 filing |
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