Petley Richard J sold $603K of TDC
Petley Richard J (Chief Revenue Officer) sold 17,227 shares of TERADATA CORP /DE/ (TDC) at an average of $35.00 ($35.00–$35.01, $0.60M total) across 2 trades on 2026-06-01 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed sale adds a new data point for investors monitoring insider activity at Teradata.
Market read
A modest insider sell, newly reported, may cause slight short‑term price pressure but is unlikely to move the broader market.
What to watch
Potential tax‑loss harvesting or personal liquidity needs may drive the transaction.
Background
SEC Form 4 filings disclose insider transactions; a 10b5‑1 plan sale is pre‑arranged and often routine.
Ticker impact
Chief Revenue Officer Richard J. Petley sold 17,227 shares for $603K via a 10b5‑1 plan.
likely slight downward pressure as market prices in the sale
The sale represents ~9% of the insider's remaining stake and is disclosed for the first time; however, the dollar amount is under $1M, limiting material impact.
Market effects
Minimal; Teradata operates in data‑analytics software, a sector not broadly affected by a single insider sale.
None; the filing is U.S.‑focused and does not influence regional markets.
Low; no global ripple effect expected.
Counterpoint
The sale could be purely portfolio rebalancing under a pre‑arranged plan, not a negative signal.
Key entities
- companyTeradata Corp
U.S. data‑analytics and cloud‑based services provider (ticker TDC).
- personRichard J. Petley
Chief Revenue Officer of Teradata, insider reporting the sale.
