Petley Richard J 4
4 · TERADATA CORP /DE/ · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Teradata (TDC) CRO Richard Petley Receives RSU Award; Shares Withheld
What Happened
Richard J. Petley, Chief Revenue Officer of Teradata (TDC), was granted two performance-based restricted stock unit (RSU) awards on Feb 11, 2026 totaling 59,905 RSUs (22,059 and 37,846). At vesting the company withheld 10,589 and 6,056 shares (total 16,645) to satisfy tax obligations; those withheld shares were reported as disposed at $37.88 per share for totals of $401,111 and $229,401 (combined ≈ $630,512). The awards are reported as acquisitions at $0.00 per share (typical for RSUs).
Key Details
- Transaction date: Feb 11, 2026; Form 4 filed Feb 13, 2026 (filed within the normal 2-business-day window).
- Awards: 22,059 RSUs @ $0.00 and 37,846 RSUs @ $0.00 (code A).
- Tax withholding: 10,589 shares and 6,056 shares disposed @ $37.88 (codes F) — $401,111 and $229,401 respectively.
- Totals: 59,905 RSUs awarded; 16,645 shares withheld; withheld value ≈ $630,512.
- Footnotes: F1 = award is performance-based RSU tied to issuer performance goals. F2 = shares were withheld by the company to satisfy tax obligations upon vesting.
- Shares owned after the transaction: not specified in the filing.
Context
These transactions reflect receipt of performance-based RSUs and routine tax-withholding (a non–open-market disposal). Awarded RSUs are acquisitions for the insider; withholding of shares to cover taxes is common and does not necessarily signal a buy or sell sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-11+22,059→ 165,874 total - Tax Payment
Common Stock
[F2]2026-02-11$37.88/sh−10,589$401,111→ 155,285 total - Award
Common Stock
[F1]2026-02-11+37,846→ 193,131 total - Tax Payment
Common Stock
[F2]2026-02-11$37.88/sh−6,056$229,401→ 187,075 total
Footnotes (2)
- [F1]Acquisition of performance-based restricted share unit award based on the attainment of certain performance goals by the issuer.
- [F2]Shares withheld by the company to satisfy tax obligation upon vesting of performance-based restricted share units.