February 22, 2024 · Form 4 insider transaction
MCMILLAN STEPHEN sold 40,597 shares of Teradata Corporation at $38.22 per share, a transaction worth $1.55M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
These shares were sold, and all of the proceeds will be used, to satisfy the terms of the court-approved divorce agreement of the reporting person, which requires payments by the reporting person to his former spouse, as well as the payment of other expenses.; The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.16 to $38.34. The reporting person has provided to the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.