Teradata Corporation announced that its Compensation and People Committee granted equity awards to its new Chief Administrative Officer, Scot Rogers, effective June 13, 2025. These awards were made as a material inducement for Mr. Rogers to join Teradata.
Mr. Rogers received 229,316 shares of Teradata common stock under the 2025 New Employee Stock Inducement Plan (NESIP). The inducement awards include a new hire grant of service-based restricted share units (RSUs), an annual grant of service-based RSUs, and an annual grant of performance-based RSUs.
These grants are subject to accelerated vesting provisions provided in Teradata’s Executive Severance Plan, Change in Control Plan, and the NESIP. This compensation structure aims to align Mr. Rogers' long-term interests with the company's performance and strategic objectives.
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