Lynrock fund sells 61,990 Teradata shares
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.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 10,514 | $39.5733 | $416K |
| Sale | Common Stock, par value $0.01 per share | 40,807 | $40.2372 | $1.64M |
| Sale | Common Stock, par value $0.01 per share | 10,669 | $41.1917 | $439K |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
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