Teradata (TDC) CEO Stephen McMillan sells 50,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
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 ($1,513,125)
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)
- [object Object]
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.