STOCK TITAN

Lynrock fund trims Teradata (TDC) stake with 61,990-share open-market sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Lynrock Lake Master Fund LP, an entity associated with Lynrock Lake LP and Lynrock Lake Partners LLC, reported three open-market sales of Teradata (TDC) common stock on February 11, 2026. The transactions totaled 61,990 shares sold at weighted average prices of $39.5733, $40.2372 and $41.1917 per share.

Following these sales, the fund indirectly beneficially owned 9,354,676 shares of Teradata common stock. The filing notes that Lynrock Lake LP, Lynrock Lake Partners LLC and Cynthia Paul may be deemed to beneficially own the shares through their roles, but each disclaims beneficial ownership except for any pecuniary interest.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lynrock Lake LP

(Last) (First) (Middle)
2 INTERNATIONAL DRIVE,
SUITE 130

(Street)
RYE BROOK NY 10573

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TERADATA CORP /DE/ [ TDC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 02/11/2026 S 10,514 D $39.5733(1) 9,406,152 I By Fund(2)
Common Stock, par value $0.01 per share 02/11/2026 S 40,807 D $40.2372(3) 9,365,345 I By Fund(2)
Common Stock, par value $0.01 per share 02/11/2026 S 10,669 D $41.1917(4) 9,354,676 I By Fund(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Lynrock Lake LP

(Last) (First) (Middle)
2 INTERNATIONAL DRIVE,
SUITE 130

(Street)
RYE BROOK NY 10573

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
LYNROCK LAKE PARTNERS LLC

(Last) (First) (Middle)
C/O LYNROCK LAKE LP
2 INTERNATIONAL DRIVE, SUITE 130

(Street)
RYE BROOK NY 10573

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Paul Cynthia

(Last) (First) (Middle)
C/O LYNROCK LAKE LP
2 INTERNATIONAL DRIVE, SUITE 130

(Street)
RYE BROOK NY 10573

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.0000 to $39.9900, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. Shares are held directly by Lynrock Lake Master Fund LP ("Lynrock Fund"). The investment manager and general partner of Lynrock Fund are Lynrock Lake LP ("Lynrock") and Lynrock Lake Partners LLC ("Lynrock GP"), respectively, and each may be deemed to beneficially own the shares held by Lynrock Fund. Cynthia Paul is the Chief Investment Officer of Lynrock and Sole Member of Lynrock GP and may be deemed to beneficially own the shares held by Lynrock Fund. Each of Lynrock, Lynrock GP and Ms. Paul disclaims beneficial ownership in these shares except to the extent of its or her respective pecuniary interest therein.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.0000 to $40.9863, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.0000 to $41.5700, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Lynrock Lake LP, By: Lynrock Lake Partners LLC, its General Partner, By: /s/ Cynthia Paul, Sole Member 02/13/2026
Lynrock Lake Partners LLC, By: /s/ Cynthia Paul, Sole Member 02/13/2026
/s/ Cynthia Paul 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Lynrock Lake report in Teradata (TDC)?

Lynrock Lake Master Fund LP reported selling Teradata common stock in three open-market transactions on February 11, 2026. The sales totaled 61,990 shares at weighted average prices between $39.5733 and $41.1917 per share, as disclosed in the Form 4 filing.

How many Teradata (TDC) shares did the Lynrock fund sell in this Form 4?

The fund sold a total of 61,990 Teradata common shares across three transactions. Individual trades were 10,514 shares, 40,807 shares and 10,669 shares, each reported with separate weighted average sale prices on February 11, 2026, in open-market transactions.

What prices did the Lynrock fund receive for its Teradata (TDC) share sales?

The reported weighted average sale prices were $39.5733, $40.2372 and $41.1917 per Teradata share. Each average reflects multiple trades within stated price ranges, and the reporting persons offer to provide full breakdowns upon request to investors, the issuer or regulators.

How many Teradata (TDC) shares did the Lynrock fund hold after these sales?

After the reported sales, the fund indirectly beneficially owned 9,354,676 Teradata common shares. This post-transaction holding figure comes from the final line of the non-derivative securities table in the Form 4, reflecting ownership "By Fund" on an indirect basis.

Who are the reporting persons on this Teradata (TDC) Form 4?

The reporting persons are Lynrock Lake LP, Lynrock Lake Partners LLC and Cynthia Paul. Footnotes explain that shares are held by Lynrock Lake Master Fund LP, and each reporting person may be deemed a beneficial owner but disclaims ownership beyond their respective pecuniary interests.

Were the Teradata (TDC) insider trades direct or indirect holdings for Lynrock?

All reported Teradata transactions relate to indirectly held shares, with ownership listed as "I" and described as "By Fund." The Form 4 explains that Lynrock Lake Master Fund LP holds the shares, and the reporting persons’ interests arise through their management and ownership roles in that fund structure.
Teradata

NYSE:TDC

TDC Rankings

TDC Latest News

TDC Latest SEC Filings

TDC Stock Data

3.13B
93.20M
Software - Infrastructure
Services-prepackaged Software
Link
United States
SAN DIEGO