Teradata (NYSE: TDC) product chief sells 2,645 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradata Chief Product Officer Sumeet Arora reported an open-market sale of company stock. On May 7, 2026, Arora sold 2,645 shares of Teradata common stock at $30.84 per share in a non-derivative transaction.
The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. After this transaction, Arora directly holds 301,452 shares of Teradata common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,645 shares ($81,572)
Net Sell
1 txn
Insider
Arora Sumeet
Role
Chief Product Officer
Sold
2,645 shs ($82K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,645 | $30.84 | $82K |
Holdings After Transaction:
Common Stock — 301,452 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,645 shares
Sale price: $30.84 per share
Shares after transaction: 301,452 shares
+1 more
4 metrics
Shares sold
2,645 shares
Open-market sale of Teradata common stock on May 7, 2026
Sale price
$30.84 per share
Price for the 2,645 Teradata common shares sold
Shares after transaction
301,452 shares
Total Teradata common shares directly owned after the sale
Net shares sold
2,645 shares
Net-sell direction from transaction summary
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
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 Sumeet Arora?
Teradata reported that Chief Product Officer Sumeet Arora sold 2,645 shares of common stock in an open-market transaction at $30.84 per share on May 7, 2026, according to a Form 4 insider filing.
What type of security did Sumeet Arora trade in the Teradata (TDC) Form 4?
The Form 4 specifies that the transaction involved non-derivative Common Stock of Teradata. It records an open-market sale of 2,645 common shares, with no associated options, warrants, or other derivative securities listed in the derivative summary.