Teradata COO has 15,208 shares withheld for taxes
Teradata Corp Chief Operating Officer Michael D. Hutchinson reported a tax-related share disposition.
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
Exercise Price or Tax Liability: 15,208 shares
Exercise Price or Tax Liability
1 txn
Insider
Hutchinson Michael D
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 15,208 | $30.36 | $462K |
Holdings After Transaction:
Common Stock — 157,724 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the company to satisfy tax obligation upon vesting of restricted share units.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.