Teradata CEO sells 50,000 company shares
Teradata Corporation director and CEO Stephen McMillan sold 50,000 shares of common stock in an open-market transaction.
Rhea-AI Filing Summary
Teradata Corporation director and CEO Stephen McMillan sold 50,000 shares of common stock in an open-market transaction. The weighted average sale price was $30.2625 per share, based on multiple trades between $30.015 and $30.545. After this sale, he directly holds 663,190 Teradata shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
1 txn
Insider
MCMILLAN STEPHEN
Role
President and CEO
Sold
50,000 shs ($1.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,000 | $30.2625 | $1.51M |
Holdings After Transaction:
Common Stock — 663,190 shares (Direct)
Footnotes (1)
- F1. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.015 to $30.545. The reporting person has provided to the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
FAQ
What insider transaction did Teradata (TDC) report for Stephen McMillan?
Teradata reported that CEO and director Stephen McMillan sold 50,000 shares of common stock in an open-market transaction. The filing shows it as a routine sale, with his remaining direct ownership at 663,190 shares after the transaction was completed.
Was the Teradata (TDC) CEO sale a single trade or multiple trades?
The CEO’s sale was executed as multiple trades, not a single block. The Form 4 notes a weighted average price of $30.2625, with individual trades occurring between $30.015 and $30.545 per share, and offers to provide detailed trade breakdowns upon request.
What does the Form 4 say about how the Teradata (TDC) CEO transaction was executed?
The filing classifies the transaction as an open-market sale of common stock. It specifies transaction code “S,” meaning a sale in open market or private transaction, and indicates the shares are held and transacted under Stephen McMillan’s direct ownership, rather than indirectly through another entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.