Teradata (TDC) director Michael Gianoni sells 25,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradata Corporation director Michael P. Gianoni reported an open-market sale of 25,000 shares of common stock. The transaction took place at an average price of $29.965 per share. After this sale, he directly owns 31,523 shares of Teradata common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,000 shares ($749,125)
Net Sell
1 txn
Insider
Gianoni Michael P
Role
Director
Sold
25,000 shs ($749K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $29.965 | $749K |
Holdings After Transaction:
Common Stock — 31,523 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Teradata (TDC) director Michael P. Gianoni report?
Michael P. Gianoni reported selling 25,000 shares of Teradata common stock in an open-market transaction. The sale was recorded at an average price of $29.965 per share, reflecting a discretionary disposition of directly held shares by a company director.
Was Michael P. Gianoni’s Teradata (TDC) trade a buy or a sell?
The transaction was a sell. Michael P. Gianoni executed an open-market sale of 25,000 shares of Teradata common stock, as indicated by transaction code “S” and the classification as a sale in open market or private transaction in the filing data.
What does the net-sell direction mean in Teradata (TDC) director Michael P. Gianoni’s Form 4?
Net-sell direction means total reported sales exceeded purchases during the period. In this case, Michael P. Gianoni reported selling 25,000 Teradata shares and no purchases, resulting in a net reduction of his directly held common stock position in the company.