MCMILLAN STEPHEN 4

What Happened

• Stephen McMillan, President & CEO and a director of Teradata (TDC), had 20,090 shares disposed on Feb 27, 2026 as shares withheld by the company to satisfy tax obligations upon RSU vesting. The withholding was at $31.49 per share, for a total value of approximately $632,634. This was a tax-withholding disposal (routine), not an open-market sale.

Key Details

• Transaction date: 2026-02-27; Filing date (Form 4): 2026-03-03 (filed timely).
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Price: $31.49 per share; Shares involved: 20,090; Total value: ~$632,634.
• Footnote: F1 — shares were withheld by the company to satisfy tax obligations upon vesting of restricted share units (RSUs).
• Shares owned after the transaction: not reported in the provided filing excerpt.

Context

• This type of disposal is a common administrative step when RSUs vest — shares are withheld to cover taxes and do not reflect an open-market sale or a directional bet by the insider. For investors, tax-withholding disposals are routine and typically neutral with respect to insider sentiment.