Teradata (TDC) CRO sells 17,227 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradata Chief Revenue Officer Richard J. Petley reported selling a total of 17,227 shares of Teradata common stock on June 1, 2026 in open-market transactions. The sales were executed at prices around $35 per share, including 990 shares at approximately $35.01 and 16,237 shares at $35.00.
According to the disclosure, these transactions were carried out under a Rule 10b5-1 trading plan that Petley adopted on December 5, 2025. The filing notes that the reported sale price reflects a weighted average for multiple trades completed within a range of $35.00 to $35.08 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 17,227 shares ($602,952)
Net Sell
2 txns
Insider
Petley Richard J
Role
Chief Revenue Officer
Sold
17,227 shs ($603K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,237 | $35.00 | $568K |
| Sale | Common Stock | 990 | $35.0071 | $35K |
Holdings After Transaction:
Common Stock — 189,561 shares (Direct, null)
Footnotes (1)
- Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2025. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.08. The reporting person has provided to the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Key Figures
Total shares sold: 17,227 shares
First sale size: 990 shares
Second sale size: 16,237 shares
+3 more
6 metrics
Total shares sold
17,227 shares
Net open-market sales by CRO on June 1, 2026
First sale size
990 shares
Common Stock sale on June 1, 2026
Second sale size
16,237 shares
Common Stock sale on June 1, 2026
Reported sale price
$35.0071 per share
Weighted average price for 990-share transaction
Additional sale price
$35.00 per share
Price for 16,237-share transaction
Trade price range
$35.00–$35.08 per share
Range of multiple trades included in weighted average
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 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.
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Teradata (TDC) report for Richard J. Petley?
Teradata reported that Chief Revenue Officer Richard J. Petley sold 17,227 shares of common stock. The transactions occurred on June 1, 2026, through open-market sales at prices around $35 per share, as disclosed in a Form 4 filing.
What does the weighted average price mean in the Teradata (TDC) Form 4?
The weighted average price reflects many small trades within a narrow range. For Petley’s June 1, 2026 sales, the filing notes a weighted average price for transactions executed between $35.00 and $35.08 per share, with details available upon request.