The sale, executed under a Rule 10b5-1 plan, reduces the executive’s direct holdings to 250,772 shares valued at $8.22 million.
Teradata Corporation’s Chief Product Officer Sumeet Arora sold 15,000 shares in an open-market transaction on May 19, 2026, generating approximately $495,000. The sale was based on a weighted average price of $33.00 per share, according to an SEC Form 4 filing.
Following the transaction, Arora’s direct holdings dropped to 250,772 shares, valued at $8.22 million as of the May 18, 2026 market close. The filing noted no indirect holdings or derivative security exercises were involved in the sale.
The sale was conducted under a pre-established Rule 10b5-1 trading plan, with an additional 35,680 shares withheld to cover tax obligations from vesting restricted share units. The move aligns with routine administrative and liquidity actions.