CEO Stephen McMillan offloaded 10,000 Teradata shares via a pre-planned 10b5-1 arrangement, maintaining a substantial $22 million equity position in the enterprise data analytics firm.
CEO sold 10,000 shares under a pre-existing Rule 10b5-1 plan, retaining a substantial stake, making the sale non-discretionary and not a bearish signal.
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Teradata Corporation CEO Stephen McMillan sold 10,000 shares of company stock on September 15, 2026, for approximately $300,200. The transaction was executed under a pre-established Rule 10b5-1 trading plan, indicating a non-discretionary move rather than a shift in sentiment. McMillan retains a significant direct stake of over 752,000 shares, valued at roughly $22.11 million.
No. The sale was executed under a Rule 10b5-1 trading plan, which is a pre-arranged schedule for selling shares to avoid concerns about insider trading. The CEO retains a significant $22 million stake in the company.