Teradata (NYSE: TDC) grants CAO 53,630 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rogers Scot Frazier reported acquisition or exercise transactions in this Form 4 filing.
Teradata Corporation Chief Administrative Officer Scot Frazier Rogers received an equity grant of 53,630 shares of common stock. The award is in the form of restricted share units that vest in three equal annual installments beginning on March 1, 2027. The grant was recorded at zero purchase price, reflecting compensation rather than an open-market transaction. After this award, Rogers’ directly held common stock position increased to 240,150 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rogers Scot Frazier
Role
Chief Administrative Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 53,630 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 240,150 shares (Direct)
Footnotes (1)
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FAQ
What did Teradata (TDC) disclose about Scot Frazier Rogers in this Form 4?
Teradata reported that Chief Administrative Officer Scot Frazier Rogers received 53,630 shares of common stock as an equity grant. These are restricted share units that vest over time, increasing his directly held position to 240,150 shares following the transaction.
When do Scot Frazier Rogers’ new Teradata RSUs start vesting?
The restricted share units granted to Scot Frazier Rogers begin vesting on March 1, 2027. The award vests in three equal annual installments starting on that date, aligning the executive’s compensation with longer-term company performance and retention incentives.
Is the Teradata CAO’s Form 4 transaction a market purchase or sale?
The transaction is not a market purchase or sale; it is a compensation grant. Scot Frazier Rogers received 53,630 restricted share units at a stated price of $0.00 per share, reflecting an award of equity rather than an open-market trade in Teradata stock.
What are Scot Frazier Rogers’ Teradata holdings after this equity award?
Following the grant of 53,630 restricted share units, Scot Frazier Rogers directly holds 240,150 shares of Teradata common stock. This total represents his position after the reported transaction, combining pre-existing holdings with the newly awarded shares.
How do the vesting terms work for the Teradata CAO’s new RSUs?
The award of 53,630 restricted share units vests in three equal annual installments. Vesting starts on March 1, 2027, so one-third of the units vest each year over three years, encouraging ongoing service and alignment with Teradata’s long-term performance.