MCMILLAN STEPHEN 4
4 · TERADATA CORP /DE/ · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Teradata CEO Stephen McMillan Sells 50,000 Shares
What Happened Stephen McMillan, President, CEO and director of Teradata Corp. (TDC), disposed of 50,000 shares on February 26, 2026. The sale was reported as an "open market or private sale (S)." The weighted-average price was $30.26, producing gross proceeds of $1,513,125. This filing reports a sale (disposition) of stock rather than a purchase or option exercise.
Key Details
- Transaction date: 2026-02-26
- Filing date (Form 4): 2026-02-27 (filed next day; appears timely)
- Transaction type / code: Open market or private sale (S)
- Shares sold: 50,000
- Weighted-average price: $30.26; reported price range: $30.015–$30.545 (see footnote)
- Gross proceeds (approx.): $1,513,125
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnote: The $30.26 is a weighted average; the filer can provide a per-trade breakdown on request (Footnote F1)
- No 10b5-1 plan, tax-withholding, or option-exercise notation was reported in the excerpt provided
Context This was a straight sale of existing shares (not an option exercise or award). Insider sales are common liquidity events and, by themselves, do not necessarily indicate a change in the insider’s view of the company. Retail investors who track insider activity may want to follow additional Form 4 filings or look at trends in holdings and multiple insiders’ transactions to get broader context.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-26$30.26/sh−50,000$1,513,125→ 663,190 total
Footnotes (1)
- [F1]The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.015 to $30.545. The reporting person has provided to the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.