Petley Richard J 4

What Happened

• Richard J. Petley, Chief Revenue Officer of Teradata Corp (TDC), had 2,899 shares withheld to satisfy tax obligations upon vesting of restricted stock units. The withholding amount is reported at $31.49 per share, totaling approximately $91,290.
• This was a tax-withholding disposition (company withheld shares), not an open-market sale or a purchase—routine for vested RSUs and not a direct signal of buying or selling intent.

Key Details

• Transaction date: 2026-02-27; Filing date (Form 4): 2026-03-03.
• Shares withheld/disposed: 2,899 at $31.49 per share; total value ≈ $91,290.
• Shares owned after transaction: not disclosed in this filing.
• Footnote: F1 — "Shares withheld by the company to satisfy tax obligation upon vesting of restricted share units."
• Filing timeliness: Form filed 2026-03-03 (no late-filing flag shown in this report).

Context

• This was a tax withholding on vested RSUs (a common administrative action). The company withheld shares to cover tax liability rather than the insider selling shares on the open market; such withholdings are routine and generally not interpreted as a change in insider sentiment.