Teradata director receives 8,790-share stock award
McElhatton Todd reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
McElhatton Todd reported acquisition or exercise transactions in this Form 4 filing.
Teradata Corp. director Todd McElhatton received an equity award of 8,790 shares of Common Stock in the form of restricted share units. The grant was made at no cash cost to him and increased his direct holdings to 41,665 shares.
The award was issued under Teradata’s Director Compensation Program and will vest in four equal quarterly installments, starting three months after the grant date. This structure spreads the benefit over one year and ties director compensation to the company’s share performance over that period.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,790 | $0.00 | $0.00 |
Footnotes (1)
- F1. Award of restricted share units issued under the Director Compensation Program. The units vest in four equal quarterly installments commencing three months after the grant date.
Key Figures
Key Terms
Director Compensation Program financial
vest financial
Form 4 regulatory
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What did Teradata (TDC) director Todd McElhatton report in this Form 4 filing?
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