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AI brief of an SEC Form 8-K · Teradata (TDC)

Teradata agrees to Lynrock Lake cooperation deal, will add director Melissa Fisher

Neutral Impact 3 of 5 shareholder Written later

Teradata entered a cooperation agreement dated February 10, 2026 with activist investor Lynrock Lake and related parties. The board will grow from nine to ten directors, with Melissa Fisher expected to join by March 1, 2026, and one more director to be appointed by August 1, 2026. Shareholders should note the standstill and voting commitments by the Lynrock Lake parties, and that the filing does not report any financial results.

Key points

  • Board expands from nine to ten directors; Melissa Fisher to be appointed as a Class I director by March 1, 2026, subject to review and onboarding
  • Additional Class II director to be appointed by no later than August 1, 2026, after the 2026 Annual Meeting
  • One Class I director will not stand for re-election in 2026 and one Class II director will not stand for re-election in 2027
  • Company will reimburse Lynrock Lake's documented expenses up to $100,000 in aggregate

The filing

CompanyTeradata (TDC)
Form8-K, current report
Filed with the SECFeb 11, 2026, 4:13 PM ET
Accession number0001628280-26-007274

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.