Teradata (NYSE: TDC) COO reports 15,208-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradata Corp Chief Operating Officer Michael D. Hutchinson reported a tax-related share disposition. On this Form 4, 15,208 shares of common stock were withheld by the company at $30.36 per share to satisfy tax obligations upon vesting of restricted share units. After this withholding, Hutchinson directly holds 157,724 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hutchinson Michael D
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 15,208 | $30.36 | $462K |
Holdings After Transaction:
Common Stock — 157,724 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Teradata (TDC) report for Michael D. Hutchinson?
Teradata reported that COO Michael D. Hutchinson had 15,208 common shares withheld to cover taxes upon restricted share unit vesting. This tax-withholding disposition was recorded on a Form 4 as a non-open-market transaction.
Was the Teradata (TDC) COO’s Form 4 transaction an open-market sale?
No, the filing describes a tax-withholding disposition, not an open-market sale. The company withheld 15,208 shares upon restricted share unit vesting to cover taxes, as noted in the Form 4 footnote.
What does transaction code F mean in the Teradata (TDC) Form 4?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, Teradata withheld 15,208 shares from Michael D. Hutchinson to cover taxes owed at restricted share unit vesting.