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Teradata officer plans $1.44M stock sale

Teradata officer Michael D. Hutchinson filed a Rule 144 notice to sell up to 48,077 common shares with an indicated value of about $1.44 million.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Teradata Corp (TDC) disclosed that officer Michael D. Hutchinson plans to sell up to 48,077 shares of Teradata common stock under Rule 144 through Fidelity Brokerage Services LLC. The planned sale has an indicated aggregate market value of $1,442,310 and is expected on or about September 15, 2026. Teradata common shares outstanding are listed as 93,000,000 shares. The notice lists multiple restricted stock vesting events from 2024 to 2026 as the source of these shares, including awards vesting on February 11, 2026 and February 27, 2026.

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Shares to be sold under Rule 144 48,077 shares Planned Teradata common stock sale by Michael D. Hutchinson
Aggregate market value of shares to be sold $1,442,310 Value associated with the 48,077 Teradata shares in the Form 144
Teradata common shares outstanding 93,000,000 shares Shares outstanding figure listed in the Form 144 notice
Vesting amount on February 11, 2026 15,730 shares Restricted Stock Vesting compensation award dated February 11, 2026
Vesting amount on February 27, 2026 3,717 shares Restricted Stock Vesting compensation award dated February 27, 2026
Vesting amount on February 12, 2025 10,754 shares Restricted Stock Vesting compensation award dated February 12, 2025
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 02/11/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Michael Hutchinson"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Teradata (TDC) disclose in this Form 144 filing?

The filing states that officer Michael D. Hutchinson intends to sell up to 48,077 shares of Teradata common stock under Rule 144 through Fidelity Brokerage Services LLC, with an indicated aggregate market value of $1,442,310.

How many Teradata (TDC) shares are planned to be sold and through which broker?

Up to 48,077 shares of Teradata common stock are planned to be sold through Fidelity Brokerage Services LLC, as disclosed in the Form 144 notice.

What is the indicated market value of the Teradata (TDC) shares in this Form 144?

The Form 144 lists an aggregate market value of $1,442,310 for the 48,077 shares of Teradata common stock proposed to be sold.

When is the Teradata (TDC) Rule 144 sale expected to occur?

The notice identifies an approximate sale date of September 15, 2026 for the planned disposition of 48,077 Teradata common shares on the NYSE.

How many Teradata (TDC) shares are outstanding according to this notice?

The Form 144 lists 93,000,000 shares of Teradata common stock as outstanding, providing context for the planned sale of 48,077 shares.

What is the source of the Teradata (TDC) shares to be sold by Michael Hutchinson?

The shares are tied to Restricted Stock Vesting awards designated as Compensation, with vesting dates including March 6, 2024, February 11, 2026, and February 27, 2026 among others.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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