STOCK TITAN

Teradata: Stephen McMillan proposes $293.7K stock sale

Teradata executive Stephen McMillan filed a Rule 144 notice to potentially sell 10,000 TDC common shares worth about $293,700 around September 15, 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TERADATA CORP (TDC) has a notice of proposed sale under Rule 144 by Stephen McMillan covering up to 10,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an approximate aggregate market value of $293,700 and an approximate sale date of September 15, 2026.

The securities relate to Restricted Stock Units acquired on February 13, 2023. For this class of common stock, 93,000,000 shares were reported as outstanding in connection with this notice.

Positive

  • None.

Negative

  • None.
Shares proposed to be sold 10,000 shares Common stock covered by the Rule 144 notice for Stephen McMillan
Approximate aggregate market value $293,700 Value of the 10,000 Teradata common shares in the proposed sale
Shares outstanding for the class 93,000,000 shares Common stock outstanding for the class referenced in the Form 144
Approximate date of sale September 15, 2026 Planned timing for the proposed Rule 144 transaction
Acquisition date of related RSUs February 13, 2023 Date the Restricted Stock Units related to these shares were acquired
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 Units financial
"Common | 02/13/2023 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Approximate Aggregate Market Value financial
"Common | Morgan Stanley Smith Barney LLC ... | 10000 | 293700.00"

FAQ

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

What does the Form 144 filing disclose for TERADATA CORP (TDC)?

It discloses a proposed Rule 144 sale by Stephen McMillan of up to 10,000 shares of Teradata common stock, with an approximate aggregate market value of $293,700, to be sold through Morgan Stanley Smith Barney LLC.

How many TERADATA (TDC) shares are covered by Stephen McMillan’s Form 144?

The notice covers up to 10,000 shares of Teradata common stock for potential sale under Rule 144. These shares are associated with Restricted Stock Units acquired on February 13, 2023.

What is the approximate value of the TDC shares in this Form 144 filing?

The filing lists an approximate aggregate market value of $293,700 for the 10,000 Teradata common shares covered by the proposed Rule 144 sale.

When is the approximate sale date in the TERADATA (TDC) Form 144?

The Form 144 states an approximate date of sale of September 15, 2026 for the proposed disposition of the 10,000 Teradata common shares.

How many TERADATA (TDC) shares were reported outstanding in the Form 144?

The notice reports 93,000,000 shares of Teradata common stock outstanding for the class involved in the proposed Rule 144 sale; this is a baseline figure, not the amount being sold.

Which broker is named for the proposed TERADATA (TDC) Rule 144 sale?

The Form 144 lists Morgan Stanley Smith Barney LLC Executive Financial Services, at One New York Plaza, as the broker for the proposed sale of the 10,000 Teradata common shares on the NYSE.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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

Keep reading