Teradata CEO receives 206K RSU equity award
Teradata (TDC) President and CEO Stephen McMillan reported several equity-related changes in his holdings.
Rhea-AI Filing Summary
Teradata (TDC) President and CEO Stephen McMillan reported several equity-related changes in his holdings. He received a grant of 206,271 shares of common stock in the form of restricted share units that vest in three equal annual installments beginning on March 1, 2027. On March 6, 22,230 shares were withheld by the company at $28.02 per share to cover tax obligations upon RSU vesting. On March 9, 4,376 shares are scheduled to be transferred to his former spouse under a court-approved divorce agreement, after which he will no longer have reportable beneficial ownership of those shares. Following these transactions, he directly holds 782,446 shares of Teradata common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 4,376 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 22,230 | $28.02 | $623K |
| Grant/Award | Common Stock | 206,271 | $0.00 | $0.00 |
Footnotes (3)
- F1. Award of restricted share units which vests in three equal annual installments beginning on March 1, 2027.
- F2. Shares withheld by the company to satisfy tax obligation upon vesting of restricted share units.
- F3. These shares will be transferred to the former spouse of the reporting person pursuant to the terms of a court-approved divorce agreement. Following the transfer, the reporting person will no longer have a reportable beneficial ownership in these shares.
FAQ
What insider transactions did Teradata (TDC) CEO Stephen McMillan report?
Does the Teradata (TDC) Form 4 show any open-market buying or selling by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.