Teradata CRO has 2,899 shares withheld for taxes
Teradata Corp. reported an insider transaction by Chief Revenue Officer Richard J. Petley.
Rhea-AI Filing Summary
Teradata Corp. reported an insider transaction by Chief Revenue Officer Richard J. Petley. On February 27, 2026, 2,899 shares of common stock were disposed of at $31.49 per share through shares withheld by the company to cover tax obligations upon vesting of restricted share units. After this tax-withholding disposition, Petley directly owned 184,176 common shares.
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Insider Trade Summary
Exercise Price or Tax Liability: 2,899 shares
Exercise Price or Tax Liability
1 txn
Insider
Petley Richard J
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,899 | $31.49 | $91K |
Holdings After Transaction:
Common Stock — 184,176 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) disclose for Richard J. Petley?
Teradata disclosed that Chief Revenue Officer Richard J. Petley had 2,899 common shares disposed of on February 27, 2026. The shares were withheld by the company to satisfy tax obligations upon vesting of restricted share units at $31.49 per share.
Was the Teradata (TDC) insider transaction an open-market sale?
No, the transaction was not an open-market sale. Teradata withheld 2,899 common shares from Richard J. Petley to cover tax obligations triggered by the vesting of restricted share units, as described in the filing footnote, rather than selling shares into the market.
What does transaction code F mean in the Teradata (TDC) Form 4 filing?
Transaction code F indicates payment of a tax liability or exercise price by delivering securities. In this case, 2,899 Teradata common shares were withheld by the company from Richard J. Petley to satisfy tax obligations arising from vesting of restricted share units.
AI-generated analysis. How Rhea-AI works. Not financial advice.