Teradata COO sells $1.44M in company stock
Teradata’s chief operating officer reports a Rule 10b5-1 planned sale of 48,077 shares, leaving him with 171,927 shares directly owned.
Rhea-AI Filing Summary
Teradata Corp (TDC) reports that Chief Operating Officer Michael D. Hutchinson sold 48,077 shares of common stock on September 15, 2026 at $30.00 per share in a sale described as an open market or private transaction. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on May 7, 2026, and Hutchinson now directly holds 171,927 shares of Teradata common stock.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 48,077 shares
Net Sell
1 txn
Insider
Hutchinson Michael D
Role
Chief Operating Officer
Sold
48,077 shs ($1.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 48,077 | $30.00 | $1.44M |
Holdings After Transaction:
Common Stock — 171,927 shares (Direct)
Footnotes (1)
- F1. Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on May 7, 2026.
Key Figures
Shares sold: 48,077 shares
Sale price per share: $30.00 per share
Approximate transaction value: $1,442,310
+2 more
5 metrics
Shares sold
48,077 shares
Common stock sold by the COO on September 15, 2026
Sale price per share
$30.00 per share
Reported price for the September 15, 2026 sale
Approximate transaction value
$1,442,310
48,077 shares sold at $30.00 per share
Shares held after transaction
171,927 shares
Direct holdings of the COO after the reported sale
Net shares sold
48,077 shares
Net effect of this Form 4 transaction
Key Terms
Rule 10b5-1 trading plan, open market or private transaction
2 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 or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Teradata (TDC) disclose for Michael D. Hutchinson?
Teradata disclosed that Chief Operating Officer Michael D. Hutchinson sold 48,077 shares of common stock on September 15, 2026 in a sale described as an open market or private transaction at $30.00 per share.
Was the Teradata (TDC) insider sale made under a Rule 10b5-1 trading plan?
Yes. A footnote states that the sale of shares was made pursuant to a Rule 10b5-1 trading plan adopted by Michael D. Hutchinson on May 7, 2026.
What type of transaction was reported in this Teradata (TDC) Form 4?
The Form 4 reports a sale of common stock, described as an open market or private transaction, involving 48,077 shares of Teradata common stock on September 15, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.