secwatch.observer — SEC 8-K summary
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Issuer:     TERADATA CORP /DE/ (TDC)
CIK:        0000816761
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0000816761-25-000119
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teradata adopts 2025 New Employee Stock Inducement Plan with 1M shares reserved
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/816761/000081676125000119/0000816761-25-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/816761/000081676125000119/tdc-20250515.htm
  HTML page:      https://secwatch.observer/filing/0000816761-25-000119

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer