[144] TERADATA CORPORATION SEC Filing
Teradata Corporation notice reports a proposed sale of 75,060 common shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of approximately $1,580,457.43. The filing lists the seller's acquisition history: ten separate restricted stock vesting events between 02/13/2023 and 03/06/2025 totaling the units underlying the sale, with each grant identified as compensation. The filing states there were 94,500,000 shares outstanding and shows no securities sold by the seller in the past three months.
- Clear compliance disclosure of the proposed sale under Rule 144 with broker, exchange, and aggregate market value provided
- Acquisition history documented showing shares originated from restricted stock vesting and were granted as compensation
- No securities sold in the past three months by the filer, indicating this is not part of an active selling pattern
- Limited information on the seller: filer CIK/CCC and contact details are not provided in the text
- No disclosure of a 10b5-1 trading plan or plan adoption date, though the form references such plans
Insights
TL;DR Routine insider sale notice: modest volume relative to outstanding shares; no past three-month dispositions reported.
This Form 144 is a standard compliance disclosure for a planned sale under Rule 144. The proposed block of 75,060 shares represents roughly 0.079% of the issuer's reported outstanding common shares (75,060/94,500,000). The reported aggregate market value is listed as $1,580,457.43 and execution is routed through Fidelity on the NYSE. The acquisition history shows the shares were received via restricted stock vesting across multiple dates and were granted as compensation. The filer affirms absence of undisclosed material adverse information. There are no reported sales in the past three months, suggesting this filing is a planned disposition rather than part of an active trading pattern.
TL;DR Compliance-focused filing with clear vesting history; no governance red flags disclosed.
The document provides required transparency about the source of the shares—restricted stock vesting from the issuer—and the non-cash nature of the consideration (compensation). The seller signs the attestation regarding material information and mentions potential applicability of 10b5-1 plans without providing plan details. Because the filing contains only the minimum required disclosures and shows no recent sales, it does not itself indicate governance issues or market-moving events.