Teradata COO has shares withheld for taxes
Teradata Chief Operating Officer Michael D. Hutchinson reported a tax-related share disposition.
Rhea-AI Filing Summary
Teradata Chief Operating Officer Michael D. Hutchinson reported a tax-related share disposition. On the vesting of restricted share units, the company withheld 5,052 shares of common stock at $31.49 per share to cover his tax obligation. After this non-market transaction, he directly holds 172,932 shares of Teradata common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 5,052 shares
Exercise Price or Tax Liability
1 txn
Insider
Hutchinson Michael D
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,052 | $31.49 | $159K |
Holdings After Transaction:
Common Stock — 172,932 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the company to satisfy tax obligation upon vesting of restricted share units.
FAQ
What insider transaction did Teradata (TDC) report for Michael D. Hutchinson?
Teradata reported that COO Michael D. Hutchinson had 5,052 common shares withheld to satisfy taxes upon vesting of restricted share units. This was an automatic tax-withholding disposition, not an open-market trade, and reflects routine equity compensation handling.
Was the Teradata (TDC) COO’s Form 4 transaction a stock sale?
The transaction was not an open-market stock sale. Shares were withheld by Teradata to cover the COO’s tax obligation when restricted share units vested, a common administrative step within equity compensation plans rather than a discretionary buy or sell decision.
What does transaction code “F” mean in the Teradata (TDC) Form 4?
Transaction code “F” on the Teradata Form 4 denotes payment of a tax liability by delivering or withholding securities. Here, it indicates shares were retained by the company to satisfy the COO’s tax obligation from restricted share unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.