Teradata COO reports stock awards, tax withholding
Teradata Corporation’s Chief Operating Officer Michael D. Hutchinson reported multiple equity compensation transactions in the company’s common stock.
Rhea-AI Filing Summary
Teradata Corporation’s Chief Operating Officer Michael D. Hutchinson reported multiple equity compensation transactions in the company’s common stock. On February 11, 2026, he acquired 22,625 and 37,846 shares at no cost through performance-based restricted share unit awards tied to company performance goals. On the same date, the company withheld 12,591 and 6,920 shares at $37.88 per share to satisfy tax obligations upon vesting of these awards. After these grant and tax-withholding transactions, Hutchinson directly owned 177,984 shares of Teradata common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,625 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 12,591 | $37.88 | $477K |
| Grant/Award | Common Stock | 37,846 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,920 | $37.88 | $262K |
Footnotes (2)
- F1. Acquisition of performance-based restricted share unit award based on the attainment of certain performance goals by the issuer.
- F2. Shares withheld by the company to satisfy tax obligation upon vesting of performance-based restricted share units.
FAQ
What did Teradata (TDC) COO Michael Hutchinson report in this Form 4?
Michael D. Hutchinson reported equity compensation activity involving Teradata common stock. He received performance-based restricted share unit awards that converted into shares and had some shares withheld by the company to cover tax obligations upon vesting.
What type of equity awards did Teradata (TDC) grant to its COO?
Teradata granted performance-based restricted share unit awards to Hutchinson. These awards are tied to achieving certain company performance goals and resulted in common shares being acquired at no cost upon satisfaction of those conditions and vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.