EDGAR·FLOW

TERADATA CORP /DE/ — Form 10-Q

Filed August 5, 2026 · analyzed by the Periodic Agent
10-Q — Neutral significance 22/100
What the filing says
Teradata Corporation amended and restated its Employee Stock Purchase Plan (ESPP), effective September 1, 2026, with Board approval on May 13, 2026. The plan reserves 9.3 million shares for purchase by eligible employees at 85% of the lower of the offering date or exercise date fair market value, in six-month offering periods. Key changes from prior versions include revised payroll deduction limits (1–10% of compensation), enhanced financial hardship withdrawal provisions, two-year investment account holding periods post-exercise, and expanded leave-of-absence protections. The plan continues through September 1, 2032 unless earlier terminated.
Why this rating

Routine ESPP amendment. 9.3M shares (~0.8% of ~1.1B outstanding) reserved is minor relative to $2.1B market cap. No material business change.

View original filing on SEC.gov ↗ TDC · stock on Yahoo Finance ↗

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