Teradata's CEO Sells 10,000 Shares Worth More Than $300,000
The executive divested 1% of his equity stake while retaining direct ownership of 752,446 shares worth approximately $22.11 million.
Overview
Stephen McMillan, President and Chief Executive Officer of Teradata Corporation (NYSE:TDC), executed a sale of 10,000 shares of common stock on September 15, 2026 under a Rule 10b5-1 trading plan. The details of the transaction are documented in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($30.02); post-transaction value based on September 15, 2026 market close ($29.39).
Details
Teradata Corporation is a $2.8 billion market cap software infrastructure provider specializing in enterprise-grade data analytics and multi-cloud platforms. The company has demonstrated strong financial performance with trailing 12-month revenue of $1.7 billion and net income of $458.0 million, reflecting a 26.94% net margin.
Source
Originally published at www.fool.com.