Teradata CEO has 40,319 shares withheld for taxes
Teradata Corporation’s President and CEO, Stephen McMillan, reported a tax-related share disposition.
Rhea-AI Filing Summary
Teradata Corporation’s President and CEO, Stephen McMillan, reported a tax-related share disposition. On the transaction date, 40,319 shares of common stock were withheld by the company at $30.36 per share to satisfy tax obligations upon the vesting of restricted share units. After this withholding transaction, McMillan directly owned 602,781 shares of Teradata common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 40,319 shares
Exercise Price or Tax Liability
1 txn
Insider
MCMILLAN STEPHEN
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 40,319 | $30.36 | $1.22M |
Holdings After Transaction:
Common Stock — 602,781 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 CEO Stephen McMillan?
Teradata reported that CEO Stephen McMillan had 40,319 shares of common stock withheld by the company to cover tax obligations when restricted share units vested, rather than executing an open-market sale. This is characterized as a tax-withholding disposition of existing equity awards.
What does the transaction code F mean in Teradata (TDC) CEO’s Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, Teradata withheld 40,319 common shares from Stephen McMillan to cover tax obligations arising when his restricted share units vested, instead of a conventional market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.