Teradata director granted 8,790 restricted share units
Fisher Melissa B reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Fisher Melissa B reported acquisition or exercise transactions in this Form 4 filing.
Teradata Corp director Melissa B. Fisher received an equity grant in the form of restricted share units under the company’s Director Compensation Program. She was awarded 8,790 units of common stock at no cash cost, which are structured as a form of stock-based compensation rather than an open-market purchase.
The restricted share units vest in four equal quarterly installments, starting three months after the grant date, effectively spreading the benefit over one year. Following this award, Fisher’s directly held common stock position reported in the filing increased to 12,640 shares, aligning her interests more closely with those of other shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,790 | $0.00 | $0.00 |
Footnotes (1)
- F1. Award of restricted share units issued under the Director Compensation Program. The units vest in four equal quarterly installments commencing three months after the grant date.
Key Figures
Key Terms
Director Compensation Program financial
vest in four equal quarterly installments financial
transaction code "A" regulatory
FAQ
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What did Teradata (TDC) director Melissa B. Fisher report in this Form 4?
Is this Teradata (TDC) Form 4 a buy or a compensation grant?
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