Olsen Joanne Beth 4

What Happened

Joanne Beth Olsen, a director of Teradata Corp (TDC), was granted 8,790 restricted share units (RSUs) on May 14, 2026. The grant is recorded at $0.00 per unit (transaction code A — award/grant), so no cash changed hands; this is a compensation award rather than a purchase or sale.

Key Details

• Transaction date: 2026-05-14 (Form 4 filed 2026-05-18; filing appears timely).
• Transaction type/code: Award/Grant (A).
• Units granted: 8,790 RSUs; reported acquisition price: $0.00.
• Vesting: Units vest in four equal quarterly installments beginning three months after the grant date (per footnote).
• Deferral: The reporting person elected to defer receipt of the shares until after termination of service as a director.
• Shares owned after transaction: Not specified in the filing.
• Program: Issued under the company's Director Compensation Program.

Context

Restricted share unit awards are a common form of director compensation and represent future rights to receive shares if vesting conditions are met; they do not reflect an immediate cash investment or sale. The deferral election means Olsen will receive the underlying shares only after she leaves the board, which is a contractual timing choice rather than an open-market trade.