Teradata Corporation Announces New Compensation Plan with Inducement Awards for Chief Administrative Officer Scot Rogers
Reuters
Jun 18
Teradata Corporation Announces New Compensation Plan with Inducement Awards for Chief Administrative Officer Scot Rogers
SAN DIEGO-Teradata Corporation $(TDC)$ has announced the issuance of equity awards to its newly appointed Chief Administrative Officer, Scot Rogers, effective June 13, 2025. These awards, part of Teradata's 2025 New Employee Stock Inducement Plan (NESIP), include service-based restricted share units (RSUs) and performance-based RSUs. The service-based RSUs will vest equally over three years, while the performance-based RSUs are contingent upon a three-year performance period starting January 1, 2025, aligned with the performance goals set for other senior executives. In total, 229,316 shares of Teradata common stock have been allocated for these inducement grants. The awards follow the NYSE's Listed Company Manual Rule 303A.08, which mandates public disclosure of such inducement awards.
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