Teradata enters cooperation with Lynrock Lake; appoints Melissa Fisher to Board.

TERADATA CORP /DE/

Board expanded to 10 directors; Melissa Fisher appointed as Class I director by March 1, 2026.
Lynrock Lake receives replacement rights for Fisher if minimum ownership maintained; standstill and vote-agreement provisions.
One current Class I director will not stand for re-election at 2026 annual meeting; one Class II director not re-nominated in 2027.
Expense reimbursement for Lynrock Lake capped at $100,000; agreement lasts until before 2027 annual meeting.

Key facts

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

TERADATA CORP /DE/ entered into Cooperation Agreement with Lynrock Lake Partners LLC, Lynrock Lake LP, Lynrock Lake Master Fund LP and Cynthia Paul valued at The Cooperation Agreement includes provisions regarding board composition, director appointments, vo (effective 2026-02-10).

Action: entry
Counterparty: Lynrock Lake Partners LLC, Lynrock Lake LP, Lynrock Lake Master Fund LP and Cynthia Paul
Value: The Cooperation Agreement includes provisions regarding board composition, director appointments, vo
Effective: 2026-02-10

Exact text from the filing

On February 10, 2026 (the “Effective Date”), Teradata Corporation, a Delaware corporation (the “Company”), entered into a Cooperation Agreement (the “Cooperation Agreement”) with Lynrock Lake Partners LLC, Lynrock Lake LP, Lynrock Lake Master Fund LP and Cynthia Paul (collectively, the “Stockholder Parties”).

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Source: SEC EDGAR

accession 0001628280-26-007274

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