Teradata director Timothy C. K. Chou received an equity grant of 8,790 shares of common stock as a restricted share unit award under the Director Compensation Program. The grant was made at no cash cost to him and is classified as a non-derivative acquisition.
The restricted share units vest in four equal quarterly installments, starting three months after the grant date, spreading vesting over roughly one year. After this award, Chou holds 44,867 shares of Teradata common stock in total. He has elected to defer actual receipt of the vested shares until five years from the grant date.
McElhatton Todd reported acquisition or exercise transactions in this Form 4 filing.
Teradata Corp. director Todd McElhatton received an equity award of 8,790 shares of Common Stock in the form of restricted share units. The grant was made at no cash cost to him and increased his direct holdings to 41,665 shares.
The award was issued under Teradata’s Director Compensation Program and will vest in four equal quarterly installments, starting three months after the grant date. This structure spreads the benefit over one year and ties director compensation to the company’s share performance over that period.
Teradata Chief Revenue Officer Richard J. Petley reported an automatic tax-withholding transaction related to equity compensation. On May 13, 2026, 1,829 shares of common stock were withheld by the company at $32.70 per share to satisfy tax obligations upon vesting of restricted share units. After this non-market disposition, Petley directly holds 205,798 shares of Teradata common stock.
Teradata Corporation’s President and CEO Stephen McMillan reported an open-market sale of 20,000 shares of common stock at a weighted average price of $31.7079 per share. After this transaction, he directly holds 762,446 shares. The shares were sold in multiple trades between $31.40 and $32.10 per share.
Morgan Stanley Smith Barney LLC notice of proposed sale of 20,000 restricted common shares under a registered plan. The filing also shows 50,000 common shares sold on 02/26/2026 for $1,511,119.00.
The transaction is reported on Form 144 for securities of record at New York Plaza and identifies the seller as STEPHEN MCMILLAN with an address in San Diego, CA.
Teradata Chief Product Officer Sumeet Arora reported an open-market sale of company stock. On May 7, 2026, Arora sold 2,645 shares of Teradata common stock at $30.84 per share in a non-derivative transaction.
The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. After this transaction, Arora directly holds 301,452 shares of Teradata common stock.
Teradata’s Chief Revenue Officer Richard J. Petley reported an open-market sale of company stock. On May 7, he sold 34,317 shares of Teradata common stock at $30.84 per share. After this transaction, he directly holds 207,627 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 5, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.
TDC reported a proposed sale of 34,317 shares on Form 144 through Fidelity Brokerage Services LLC. The filing lists multiple restricted stock vesting events tied to compensation with specific share amounts on 04/05/2024 (12,942), 02/12/2025 (7,048), and other vesting dates through 05/13/2025.
Teradata Corporation reported a sharply stronger first quarter of 2026 driven by a major legal settlement and growing cloud subscriptions. Total revenue rose to $444 million from $418 million, with recurring revenue up 12% and now representing 90% of sales. Public Cloud ARR reached $686 million, up 13%, while Total ARR grew 3% to $1.492 billion, reflecting customer migrations to cloud and hybrid deployments.
Gross margin improved to 62.2% as the business mix shifted further to recurring revenue. Operating expenses increased significantly, mainly from $121 million of SAP legal settlement fees, leading to an operating loss of $36 million. However, a $480 million SAP legal settlement drove other income and boosted net income to $335 million, including about $280 million of after-tax settlement proceeds. Operating cash flow surged to $401 million, producing free cash flow of $390 million and lifting cash and cash equivalents to $816 million while the company maintained $450 million of term loan debt and repurchased 1.2 million shares.