Teradata (TDC) director Todd McElhatton sells 15,000 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradata Corporation director Todd McElhatton reported an open-market sale of 15,000 shares of the company’s common stock. The weighted average price was $33.4681 per share, with individual trades executed between $33.45 and $33.5202. Following these transactions, he directly holds 26,665 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($502,022)
Net Sell
1 txn
Insider
McElhatton Todd
Role
null
Sold
15,000 shs ($502K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $33.4681 | $502K |
Holdings After Transaction:
Common Stock — 26,665 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15,000 shares
Weighted average sale price: $33.4681 per share
Sale price range: $33.45 to $33.5202
+1 more
4 metrics
Shares sold
15,000 shares
Open-market sale of Teradata common stock
Weighted average sale price
$33.4681 per share
Average price across multiple sale transactions
Sale price range
$33.45 to $33.5202
Price range for individual sale trades
Shares held after sale
26,665 shares
Direct ownership following the reported transaction
Key Terms
open-market sale, weighted average price, Common Stock, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale" and code description "Sale in open market or private transaction""
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.
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Teradata (TDC) director Todd McElhatton report?
Todd McElhatton reported selling 15,000 shares of Teradata common stock in an open-market transaction. The filing shows it as a routine sale of existing shares rather than an option exercise or derivative conversion.
Was Todd McElhatton’s Teradata (TDC) trade a market purchase or sale?
The Form 4 identifies the transaction as an open-market sale of common stock. The transaction code is “S,” which in SEC reporting indicates a sale in the open market or in a private transaction, not a purchase or grant.
Does the Teradata (TDC) Form 4 disclose how sale prices were calculated?
Yes. The filing notes the reported price is a weighted average across multiple trades. It also states shares were sold at prices ranging from $33.45 to $33.5202, and detailed trade breakdowns are available upon request.