Teradata CEO Sells Shares Under Rule 10b5-1 Plan
On September 15, 2026, Teradata's CEO Stephen McMillan sold 10,000 shares of the company’s stock under a pre-established Rule 10b5-1 trading plan. The transaction was valued at $300,200 based on an average sale price of $30.02 per share and is documented in a recent SEC Form 4 filing. Following this sale, McMillan retained approximately 752,446 shares directly held, with the remaining stake carrying a market value of around $22.11 million as of September 15, 2026 close price ($29.39). The CEO's continued ownership represents about 0.8% of Teradata’s total outstanding shares. The stock had delivered a one-year return of 37%, but was trading below its 52-week high at the time of sale, closing at $29.17 on September 16, 2026.
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Topics: corporate_governance insider_trading