other material
confidence high
sentiment neutral
materiality 0.35
Teradata adopts 2025 New Employee Stock Inducement Plan with 1M shares reserved
TERADATA CORP /DE/
- Board adopted NESIP effective May 15, 2025, reserving 1M shares for inducement grants to new hires.
- Awards may include stock options, stock appreciation rights, restricted shares/units, or other share-based awards.
- Plan terminates on May 15, 2027, unless earlier determined by Board; no shareholder approval required under NYSE rules.
- Grants must be material inducement for new employees per NYSE Rule 303A.08; Company to notify NYSE and issue press release for each grant.