Teradata (TDC) CRO awarded 74,257 RSUs, 3,180 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teradata Chief Revenue Officer Richard J. Petley reported routine equity compensation activity. On March 1, he received a grant of 74,257 shares of common stock in the form of restricted share units, which vest in three equal annual installments beginning on March 1, 2027.
On March 6, 3,180 shares were withheld by the company to cover tax obligations when restricted share units vested, a non-market, tax-withholding disposition. After these transactions, he directly holds 241,944 shares of Teradata common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Petley Richard J
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,180 | $28.02 | $89K |
| Grant/Award | Common Stock | 74,257 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 241,944 shares (Direct)
Footnotes (1)
- Award of restricted share units which vests in three equal annual installments beginning on March 1, 2027. Shares withheld by the company to satisfy tax obligation upon vesting of restricted share units.
FAQ
What insider transactions did Teradata (TDC) report for Richard J. Petley?
Teradata reported that Chief Revenue Officer Richard J. Petley received a grant of 74,257 restricted share units and had 3,180 shares withheld to satisfy tax obligations on vesting. These are routine compensation and tax-withholding transactions, not open-market stock purchases or sales.
What are the terms of Richard J. Petley’s 74,257 Teradata (TDC) RSU grant?
Richard J. Petley’s award of 74,257 restricted share units vests in three equal annual installments beginning on March 1, 2027. This structure means one-third of the units become shares each year over three years, aligning compensation with longer-term service and performance.
Does this Teradata (TDC) Form 4 show any open-market buying or selling by Richard J. Petley?
The Form 4 does not show any open-market buying or selling. It reports a 74,257-share restricted stock grant and a 3,180-share tax-withholding disposition. Both are compensation-related entries rather than discretionary purchases or sales in the open market.