Teradata director granted 8,790 restricted shares
Olsen Joanne Beth reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Olsen Joanne Beth reported acquisition or exercise transactions in this Form 4 filing.
Teradata director Joanne Beth Olsen received an equity award of 8,790 shares of common stock as a restricted stock unit grant. The award was issued under the Director Compensation Program with no cash paid per share. These restricted share units vest in four equal quarterly installments, starting three months after the grant date, providing staggered delivery over the next year. Olsen has elected to defer receipt of the underlying shares until after her service as a director ends, turning this into a longer-term compensation arrangement. Following this grant, she directly holds 69,001 shares of Teradata common stock.
Positive
- None.
Negative
- None.
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. The reporting person has elected to defer receipt of the shares until after the termination of service as a director.
Key Figures
Key Terms
Director Compensation Program financial
vest financial
defer receipt financial
FAQ
What insider transaction did Teradata (TDC) report for Joanne Beth Olsen?
Was Joanne Beth Olsen’s Teradata (TDC) stock award a market purchase or a grant?
What is the significance of the Teradata (TDC) Director Compensation Program in this filing?
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