MCMILLAN STEPHEN sold TDC

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.

Direction
Disposed (sell-side)
Shares
40,597
Price
$38.22
Total value
$1.55M
Role—
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 22, 2024
Filing dateFebruary 23, 2024
Shares owned after528,302
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

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.

View the original Form 4 on SEC EDGAR