Rogers Scot Frazier 4
Research Summary
AI-generated summary
Teradata (TDC) CAO Scot Frazier Receives RSU Award
What Happened
- Scot Frazier, Chief Administrative Officer of Teradata (TDC), was granted/vested 31,711 performance-based restricted share units (RSUs) on 2026-02-11 (reported as an acquisition at $0.00). To satisfy tax withholding upon vesting, the company withheld 4,813 shares (reported as a disposition at $37.88/share for a withholding value of $182,316). Net shares retained by Frazier from this vesting were 26,898.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (timely within reporting window).
- Award (code A): 31,711 performance-based RSUs acquired at $0.00.
- Withholding (code F): 4,813 shares withheld/disposed at $37.88 each; total withholding value ≈ $182,316.
- Net shares received after withholding: 26,898.
- Footnotes: F1 — award is performance-based and vests on meeting issuer performance goals; F2 — shares were withheld by the company to satisfy tax obligations on vesting.
- Filing timeliness: No late filing indicated in the provided data.
Context
- This was an equity award/vesting event (not an open-market purchase or sale). The withheld shares were used to cover tax liabilities, a routine practice that does not necessarily indicate a change in insider sentiment. Performance-based RSUs vest only if specified corporate goals are met, so the award reflects achievement of those applicable targets rather than a discretionary market trade.