Teradata CRO sells 34,317 shares under trading plan
Teradata’s Chief Revenue Officer Richard J. Petley reported an open-market sale of company stock.
Rhea-AI Filing Summary
Teradata’s Chief Revenue Officer Richard J. Petley reported an open-market sale of company stock. On May 7, he sold 34,317 shares of Teradata common stock at $30.84 per share. After this transaction, he directly holds 207,627 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 5, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insights
CRO’s planned sale is moderate and leaves a sizable remaining stake.
Chief Revenue Officer Richard J. Petley executed an open-market sale of 34,317 shares of Teradata common stock at $30.84 per share. Following the sale, he directly holds 207,627 shares, indicating he retains a substantial equity position.
The transaction was carried out under a Rule 10b5-1 trading plan adopted on December 5, 2025. Such plans are pre-arranged and help separate trading decisions from day-to-day information, so the timing of this sale carries limited signaling value about Teradata’s near-term prospects based on this filing alone.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 34,317 | $30.84 | $1.06M |
Footnotes (1)
- F1. Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2025.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
Common Stock financial
Form 4 regulatory
FAQ
What insider transaction did Teradata (TDC) report for Richard J. Petley?
Was the Teradata (TDC) insider sale made under a Rule 10b5-1 plan?
What type of transaction did Teradata (TDC) report on the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.