Stockholders Approve 6.3 Million Share Increase for Equity Incentive Plan

summarizeSummary

Teradata stockholders approved a 6.3 million share increase for the company's equity incentive plan, finalizing a previously announced proposal and potentially diluting existing shareholders by over 7%.

check_boxKey Events

• Equity Incentive Plan Expanded

  Stockholders approved an amendment to the 2023 Stock Incentive Plan, increasing the shares available for issuance by 6,300,000.

• Potential Dilution

  If all 6.3 million newly authorized shares were issued, it would represent a potential dilution of approximately 7.14% based on the shares outstanding at the time of the vote.

• Shareholder Vote Results

  The proposal for the share increase was approved with 73,643,705 votes for and 6,403,587 against at the Annual Meeting on May 14, 2026.

• Director Elections and Executive Compensation Approved

  Stockholders also approved the election of three Class I directors and an advisory vote on executive compensation.

auto_awesomeAnalysis

Teradata's stockholders have approved an amendment to the 2023 Stock Incentive Plan, increasing the available shares by 6.3 million. This approval finalizes the proposal previously outlined in the DEF 14A filing on March 26, 2026. While common for employee retention, this represents a potential dilution of approximately 7.14% if all authorized shares are issued, which could impact existing shareholder value.