Teradata CEO Sells $300K Worth of Shares Under Pre-Set Trading Plan
On September 15, 2026, Stephen McMillan, CEO and President of Teradata Corporation (NYSE: TDC), sold 10,000 shares under a Rule 10b5-1 trading plan. The transaction was disclosed in an SEC Form 4 filing with a total value of $300,200 based on the weighted average sale price of $30.02 per share. The CEO retained approximately 752,446 shares post-sale, valued at around $22.11 million as of September 15 market close ($29.39/share), representing about 0.8% of the company's total outstanding shares. The trade was part of a structured portfolio management strategy established on May 18, 2026, and does not reflect insider sentiment regarding stock performance. Teradata reported strong financials with $1.7 billion in trailing twelve-month revenue and net income of $458 million as of September 16, 2026.
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