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|4Feb 13, 5:21 PM ET

Lynrock Lake LP 4

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Teradata (TDC) 10% Holder Lynrock Lake LP Sells 61,990 Shares

What Happened
Lynrock Lake LP, reported as a 10% owner of Teradata Corp (TDC), sold a total of 61,990 shares on February 11, 2026 in three open-market/private-sale tranches. The transactions were: 10,514 shares at a weighted average $39.57 (proceeds $416,074); 40,807 shares at a weighted average $40.24 (proceeds $1,641,959); and 10,669 shares at a weighted average $41.19 (proceeds $439,474). Total proceeds across the three tranches were about $2.497 million. These were sales (not purchases), which are often routine for institutional holders.

Key Details

  • Transaction date: February 11, 2026 (filed on Feb 13, 2026 — timely filing).
  • Reported as sales (Code S); executed as open-market or private-sale transactions.
  • Weighted-average prices and reported ranges:
    • 10,514 shares — weighted avg $39.57; individual trade prices ranged $39.00–$39.99 (Footnote F1).
    • 40,807 shares — weighted avg $40.24; individual trade prices ranged $40.00–$40.9863 (Footnote F3).
    • 10,669 shares — weighted avg $41.19; individual trade prices ranged $41.00–$41.57 (Footnote F4).
  • Shares owned after the transaction: Not specified in the provided excerpt of the filing.
  • Ownership structure (Footnote F2): Shares are held by Lynrock Lake Master Fund LP; Lynrock Lake LP (investment manager) and Lynrock Lake Partners LLC (GP) may be deemed to beneficially own the shares; Cynthia Paul is CIO of Lynrock and sole member of the GP and may be deemed to have a pecuniary interest. All disclaim broader beneficial ownership except to the extent of pecuniary interest.
  • The filing includes undertakings to provide per-price breakdowns on request (per footnotes).

Context
This filing involves a significant institutional holder (10% owner) selling stock; it is not an executive stock grant, option exercise, or a gift. Institutional sales can reflect portfolio management and do not necessarily indicate management sentiment about the company. The form was filed within the typical reporting window (filed two days after the trade date).