On May 19, 2026, Teradata Corporation (NYSE:TDC) Chief Product Officer Sumeet Arora reported the sale of 15,000 shares in an open-market transaction, valued at approximately $495,000 according to the SEC Form 4 filing.
Transaction summary
Metric | Value |
|---|---|
Shares sold (direct) | 15,000 |
Shares withheld (direct) | 35,680 |
Transaction value | ~$495,000 |
Post-transaction shares (direct) | 250,772 |
Post-transaction value (direct ownership) | ~$8.22 million |
Transaction value based on SEC Form 4 weighted average purchase price ($33.00); post-transaction value based on May 18, 2026 market close ($32.77).
Key questions
How does this transaction affect Sumeet Arora’s direct ownership stake in Teradata Corporation?
Following the sale, Arora’s direct holdings decreased to 250,772 shares, with post-transaction holdings valued at approximately $8.22 million as of May 18, 2026.Were any shares disposed through indirect entities or derivative instruments?
All shares sold and withheld in this transaction were from direct ownership; there were no indirect holdings or derivative security exercises involved according to the filing.What was the rationale behind the share sale and withholding activity?
The sale was executed under a pre-established Rule 10b5-1 trading plan, and another 35,680 shares were withheld to cover tax obligations upon vesting of restricted share units, indicating routine administrative and liquidity actions.How does this activity fit within recent trading patterns and available capacity?
Although this is the largest reported open-market sale by Arora during the structured period, the overall reduction in holdings is explained by the remaining available share capacity, and the transaction aligns with routine portfolio management rather than a change in disposition cadence.
Company overview
Metric | Value |
|---|---|
Revenue (TTM) | $1.69 billion |
Net income (TTM) | $421.00 million |
Employees | 5,700 |
1-year price change | 50.18% |
* 1-year performance calculated as of May 19, 2026.
Company snapshot
Teradata offers Teradata Vantage, a multi-cloud data analytics platform, along with consulting, support, and maintenance services.
It generates revenue primarily through software subscriptions, cloud-based analytics solutions, and professional services for enterprise clients.
The company serves large organizations across sectors such as financial services, government, healthcare, manufacturing, retail, telecommunications, and transportation.
Teradata Corporation is a leading provider of enterprise analytics platforms, enabling organizations to integrate and analyze large data sets across multi-cloud environments. The company leverages its expertise in data management and analytics to help clients unlock value from complex data ecosystems.
