Teradata CEO sells 10,000 shares at about $30
TERADATA CORP (TDC) reported that President and CEO Stephen McMillan, who is also a director, sold 10,000 shares of common stock on September 15, 2026, in an open-market transaction under a Rule 10b5-1 trading plan adopted on May 18, 2026.
Rhea-AI Filing Summary
TERADATA CORP (TDC) reported that President and CEO Stephen McMillan, who is also a director, sold 10,000 shares of common stock on September 15, 2026, in an open-market transaction under a Rule 10b5-1 trading plan adopted on May 18, 2026. After this sale, he held 752,446 shares directly.
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
MCMILLAN STEPHEN
Role
President and CEO
Sold
10,000 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,000 | $30.017 | $300K |
Holdings After Transaction:
Common Stock — 752,446 shares (Direct)
Footnotes (2)
- F1. Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on May 18, 2026.
- F2. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.05. The reporting person has provided to the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $30.017 per share
Sale price range: $30.00 – $30.05 per share
+2 more
5 metrics
Shares sold
10,000 shares
Common stock sold by CEO on September 15, 2026
Weighted average sale price
$30.017 per share
Average price for the 10,000 shares sold on September 15, 2026
Sale price range
$30.00 – $30.05 per share
Range of prices across multiple sale transactions on September 15, 2026
Shares held after transaction
752,446 shares
Direct ownership by CEO after the September 15, 2026 sale
Rule 10b5-1 plan adoption date
May 18, 2026
Date CEO adopted the trading plan governing this sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"Sale of shares pursuant to Rule 10b5-1 trading plan adopted"
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.
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.
open market or private transaction market
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TDC report for CEO Stephen McMillan?
Teradata reported that CEO and director Stephen McMillan sold 10,000 shares of common stock on September 15, 2026 in an open-market transaction, as disclosed in a Form 4 filing.
Was the September 15, 2026 TDC stock sale by the CEO under a Rule 10b5-1 plan?
Yes. The sale was made pursuant to a Rule 10b5-1 trading plan that Stephen McMillan adopted on May 18, 2026, and the filing’s Rule 10b5-1 checkbox is affirmed.
What type of transaction did the TDC Form 4 report for the CEO?
The Form 4 reports a sale of common stock in the open market or a private transaction, coded as a disposition, totaling 10,000 shares on September 15, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.