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 |
Worth |
|---|---|
|
Shares sold (direct) |
15,000 |
|
Retained shares (direct) |
35,680 |
|
Transaction value |
~$495,000 |
|
Post-transaction actions (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 market close on May 18, 2026 ($32.77).
Key questions
-
How does this transaction affect Sumeet Arora’s direct involvement 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 shares disposed of through indirect entities or derivative instruments?
All shares sold and held in this transaction were directly owned; According to the filing, there were no indirect holdings or exercises of derivative securities involved. -
What was the motive behind the stock sale and holding activity?
The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan, and an additional 35,680 shares were held to cover tax obligations at the time of the acquisition of restricted stock units, indicating routine administrative and liquidity actions. -
How does this activity fit within recent business patterns and available capacity?
Although this is the largest open market sale reported by Arora during the structured period, the overall reduction in holdings is explained by the remaining available shareholding capacity, and the transaction aligns with routine portfolio management rather than a change in the cadence of disposal.
Company Overview
|
Metric |
Worth |
|---|---|
|
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
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Teradata offers Teradata Vantage, a multi-cloud data analytics platform, along with consulting, support and maintenance services.
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It generates revenue primarily through software subscriptions, cloud-based analytics solutions, and professional services for enterprise clients.
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The company serves large organizations in sectors such as financial services, government, healthcare, manufacturing, retail, telecommunications and transportation.
Teradata Corporation is a leading provider of enterprise analytics platforms that enable 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.