Teradata (NYSE: TDC) director sells 5,657 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradata Corporation director Timothy C K Chou sold shares in the company in an open-market transaction. On June 8, 2026, he sold 5,657 shares of Teradata common stock at an average price of $33.72 per share. After this sale, he directly held 39,210 Teradata shares. The transaction was executed under a Rule 10b5-1 trading plan that he adopted on March 9, 2026, indicating the sale was pre-scheduled rather than opportunistic.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,657 shares ($190,754)
Net Sell
1 txn
Insider
CHOU TIMOTHY C K
Role
null
Sold
5,657 shs ($191K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,657 | $33.72 | $191K |
Holdings After Transaction:
Common Stock — 39,210 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,657 shares
Sale price per share: $33.72 per share
Shares held after sale: 39,210 shares
+1 more
4 metrics
Shares sold
5,657 shares
Open-market sale of Teradata common stock on June 8, 2026
Sale price per share
$33.72 per share
Average price for the 5,657 shares sold
Shares held after sale
39,210 shares
Direct Teradata common stock holdings following the transaction
Net shares sold
5,657 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"Sale of shares pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person on March 9, 2026."
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 sale financial
"transaction_action: open-market sale"
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.
Common Stock financial
"security_title: Common Stock"
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) report for Timothy C K Chou?
Teradata reported that director Timothy C K Chou sold 5,657 shares of common stock in an open-market transaction on June 8, 2026, at an average price of $33.72 per share, as disclosed in a Form 4 insider trading report.
Was the Teradata (TDC) insider sale by Timothy C K Chou under a 10b5-1 plan?
Yes. The Form 4 footnote states that Timothy C K Chou’s sale was made pursuant to a Rule 10b5-1 trading plan he adopted on March 9, 2026, indicating the transaction followed a pre-arranged schedule rather than being a discretionary trade.
Does the Teradata (TDC) Form 4 show any derivative securities for Timothy C K Chou?
The Form 4 data show no derivative transactions or remaining derivative positions for Timothy C K Chou. The filing only reports a non-derivative open-market sale of Teradata common stock and lists zero derivative transactions in the transaction summary.