Arora Sumeet 4

What Happened

• Sumeet Arora, Chief Product Officer of Teradata (TDC), disposed of a total of 50,680 shares in mid‑May 2026 for aggregate proceeds of about $1,664,234. Transactions: 13,553 shares withheld for taxes at $32.77 each ($444,132) and 22,127 shares withheld for taxes at $32.77 each ($725,102) on 2026‑05‑18 (tax withholding upon RSU vesting). On 2026‑05‑19 Arora sold 15,000 shares in an open‑market transaction at $33.00 each for $495,000. Overall these were sales (not purchases).

Key Details

• Transaction dates and prices:
  • 2026‑05‑18: 13,553 shares @ $32.77 = $444,132 (tax withholding)
  • 2026‑05‑18: 22,127 shares @ $32.77 = $725,102 (tax withholding)
  • 2026‑05‑19: 15,000 shares @ $33.00 = $495,000 (open‑market sale)
• Total shares disposed: 50,680; total proceeds ≈ $1,664,234.
• Shares owned after the transactions: not specified in the provided excerpt — see the full Form 4 for post‑transaction beneficial ownership.
• Footnotes: tax withholding (F1) — shares withheld by the company to satisfy tax on RSU vesting; the 15,000‑share sale (F2) was pursuant to a Rule 10b5‑1 trading plan adopted Dec 9, 2025.
• Filing: Form filed 2026‑05‑20. That appears timely (within the usual two business days after these transactions).

Context

• Two of the dispositions were company withholding of vested restricted share units to cover taxes (a routine administrative action, not an independent open sale). The 15,000‑share sale was an open‑market sale executed under a prearranged 10b5‑1 plan, which typically means the trade was scheduled in advance. These sales are disposals (not purchases) and should be interpreted as reporting of routine compensation tax withholding and a planned sale, not necessarily a signal of changed insider conviction.