Teradata CRO reports tax-withheld share disposition
Teradata Corp (TDC) reported an insider tax-related share transaction by Chief Revenue Officer Richard J. Petley.
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Rhea-AI Filing Summary
Teradata Corp (TDC) reported an insider tax-related share transaction by Chief Revenue Officer Richard J. Petley. On this date, 13,309 shares of common stock were disposed of in a tax-withholding disposition at a price of $30.36 per share. According to the disclosure, these shares were withheld by the company to satisfy tax obligations that arose when restricted share units vested, rather than sold in an open-market trade.
After this withholding transaction, Petley held 170,867 shares of Teradata common stock directly. The filing classifies the event as a non-derivative transaction related to payment of tax liability by delivering securities, reflecting an administrative step tied to equity compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,309 | $30.36 | $404K |
Footnotes (1)
- F1. Shares withheld by the company to satisfy tax obligation upon vesting of restricted share units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Teradata (TDC) report for Richard J. Petley?
How is the Richard J. Petley transaction classified in the Teradata (TDC) Form 4?
Does the Teradata (TDC) Form 4 show this insider transaction as a buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.