Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRobert Izquierdo, The Motley FoolThu, September 17, 2026 at 11:09 PM GMT+2 4 min readStephen McMillan, President and Chief Executive Officer of Teradata Corporation (NYSE:TDC), executed a sale of 10,000 shares of common stock on September 15, 2026 under a Rule 10b5-1 trading plan. The details of the transaction are documented in a recent SEC Form 4 filing.Transaction summaryMetricValueTransaction value$300,200Shares sold (direct)10,000Post-transaction shares (directly held)752,446Post-transaction value~$22.11 millionTransaction value based on SEC Form 4 weighted average sale price ($30.02); post-transaction value based on September 15, 2026 market close ($29.39).Key questionsHow does the Rule 10b5-1 trading plan impact the interpretation of this transaction?The establishment of the trading plan on May 18, 2026, suggests that the divestment was part of a structured portfolio management strategy. This mechanism ensures that the timing of the sale was determined well in advance of the execution date.What is the current scale of the executive's remaining equity exposure?Following the sale, the President and CEO retains ~752,000 shares held directly. This position carries a market value of ~$22.11 million based on the September 15, 2026 market close, representing approximately 0.80% of the company's total shares outstanding.What has been the recent performance context for the stock?As of the transaction date on September 15, 2026, the company's common stock had delivered a one-year total return of 37%. More recently, the shares were priced at $29.17 as of the September 16, 2026 market close.Are there any disclosed indirect or derivative holdings for the executive?The current filing reports no indirect holdings through trusts or other entities. Furthermore, the disclosure identifies no outstanding derivative securities or other share classes for the executive.Company OverviewMetricValueShare Price (as of market close 2026-09-16)$29.17Market Capitalization$2.8 billionRevenue (TTM)$1.7 billionNet Income (TTM)$458.0 millionCompany SnapshotTeradata Corporation delivers a unified multi-cloud data platform, which enables enterprises to integrate diverse data sources and perform comprehensive analytics across their organizations.The company generates revenue through software licensing, cloud services, and professional services, leveraging its proprietary data analytics platform to serve large-scale enterprise customers requiring robust data management and analytics capabilities.Teradata primarily serves large enterprises and organizations across multiple industries that require sophisticated data integration, analytics, and cloud migration solutions to optimize their data ecosystems.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info