Teradata Corp. Enters Indemnification Agreements for Directors & Officers

What Happened
Teradata Corporation (TDC) announced in an 8-K filed August 17, 2026 that on August 12, 2026 its Board approved and the company entered into a form of Indemnification Agreement with each director and executive officer. The agreements provide that Teradata will indemnify each covered individual and advance their expenses to the fullest extent permitted under Delaware law, and will provide coverage under the company’s directors’ and officers’ (D&O) insurance policies. The form of the Indemnification Agreement is attached as Exhibit 10.1 to the 8-K.

Key Details

• Board approval and execution date: August 12, 2026; 8-K filed August 17, 2026.
• Agreements apply to each current director and executive officer (each an “Indemnitee”).
• Teradata will indemnify and advance expenses to Indemnitees “to the fullest extent permitted under Delaware law.”
• Agreements provide for coverage of Indemnitees under the company’s D&O insurance; the form is attached as Exhibit 10.1.

Why It Matters
This filing documents Teradata’s formal commitment to protect its directors and senior executives from certain legal costs and liabilities, and to advance defense expenses—steps that can help attract and retain leadership and ensure legal defense resources are available. The 8-K does not disclose monetary caps or changes to insurance premiums or reserves, so there is no immediate financial impact disclosed in this filing. Investors should view this as a governance and risk-management disclosure rather than a change to reported financial results.