Fisher Melissa B 4

What Happened

• Melissa B. Fisher, a director of Teradata Corp (TDC), received grants of restricted stock units (RSUs) on 2026-03-01. The filing shows two awards: 2,475 RSUs and 1,375 RSUs (total 3,850 RSUs). Both awards were recorded at $0.00 (no cash purchase).
• These awards were granted under the company’s Director Compensation Program in connection with Ms. Fisher’s election to the board. This is a compensation award, not a market purchase or sale.

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-10 (appears to be filed late relative to the typical two-business-day Form 4 deadline).
• Transaction code: A (award/grant).
• Award amounts: 2,475 RSUs and 1,375 RSUs; total 3,850 RSUs; grant price reported $0.00.
• Vesting: Units vest in four equal quarterly installments commencing three months after the grant date (per footnote).
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnote: Awards issued under the Director Compensation Program tied to board election.

Context

• RSU awards to newly elected directors are common and reflect compensation rather than insider betting on the stock. Because these are awards (not purchases), they should be viewed as routine director compensation. Vesting over quarterly installments means the shares will be delivered over time rather than immediately. The later filing date may be administrative; it does not necessarily indicate trading activity.