Teradata (TDC) CPO sells 15,000 shares, retains 250,772
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradata Corp Chief Product Officer Sumeet Arora reported multiple share transactions. On May 19, 2026, he completed an open-market sale of 15,000 shares of common stock at $33.0000 per share pursuant to a Rule 10b5-1 trading plan adopted on December 9, 2025. Following this sale, he directly owned 250,772 shares.
On May 18, 2026, the company withheld 22,127 shares and 13,553 shares of common stock at $32.7700 per share to satisfy tax obligations upon vesting of restricted share units. These tax-withholding dispositions are not open-market sales but reduce the net shares delivered from equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($495,000)
Net Sell
3 txns
Insider
Arora Sumeet
Role
Chief Product Officer
Sold
15,000 shs ($495K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $33.00 | $495K |
| Tax Withholding | Common Stock | 13,553 | $32.77 | $444K |
| Tax Withholding | Common Stock | 22,127 | $32.77 | $725K |
Holdings After Transaction:
Common Stock — 250,772 shares (Direct, null)
Footnotes (1)
- Shares withheld by the company to satisfy tax obligation upon vesting of restricted share units. Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025.
Key Figures
Open-market sale: 15,000 shares at $33.0000
Tax-withholding shares (first): 22,127 shares at $32.7700
Tax-withholding shares (second): 13,553 shares at $32.7700
+2 more
5 metrics
Open-market sale
15,000 shares at $33.0000
Common Stock sale on May 19, 2026
Tax-withholding shares (first)
22,127 shares at $32.7700
Withheld for RSU tax obligations on May 18, 2026
Tax-withholding shares (second)
13,553 shares at $32.7700
Withheld for RSU tax obligations on May 18, 2026
Shares withheld for taxes total
35,680 shares
Combined F-code tax-withholding dispositions
Post-transaction holdings
250,772 shares
Direct ownership after May 19, 2026 sale
Key Terms
Rule 10b5-1 trading plan, restricted share units, tax-withholding disposition, open-market sale
4 terms
Rule 10b5-1 trading plan financial
"Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on December 9, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for F-coded entries"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
open-market sale financial
"transaction_action: "open-market sale" for the 15,000-share transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did Teradata (TDC) Chief Product Officer Sumeet Arora report?
Sumeet Arora reported an open-market sale of 15,000 Teradata common shares and two tax-withholding dispositions. The sale occurred at $33.0000 per share, while 35,680 shares were withheld at $32.7700 per share to cover tax obligations on restricted share unit vesting.
What were the Teradata (TDC) tax-withholding transactions reported by Sumeet Arora?
On May 18, 2026, 22,127 shares and 13,553 shares of Teradata common stock were withheld at $32.7700 per share. According to the footnote, these shares were retained by the company to satisfy tax obligations arising from the vesting of restricted share units.
Are the tax-withholding entries for Teradata (TDC) considered market sales by Sumeet Arora?
No. The two transactions coded “F” are described as payment of tax liability by delivering securities. The footnote clarifies the shares were withheld by the company to satisfy tax obligations upon restricted share unit vesting, not sold into the open market.