Lynrock Lake LP Reduces Stake in Teradata Corp (TDC) to 6.6% via Open Market Sales

Lynrock Lake LP, along with Lynrock Lake Partners LLC and Cynthia Paul, filed Amendment No. 3 to their Schedule 13D on July 8, 2026, regarding their holdings in Teradata Corp (TDC). The filing reports a decrease in their position following a series of open-market sales conducted between June 18, 2026, and July 8, 2026. During this period, the reporting persons sold approximately 977,031 shares at weighted average prices ranging from $31.01 to $37.37 per share. Following these transactions, Lynrock Lake LP beneficially owns 6,212,370 shares of Common Stock, representing approximately 6.6% of the company's outstanding shares based on 94.1 million shares reported as of April 2026. The aggregate purchase price for the total shares held was approximately $138 million. Cynthia Paul, as the Sole Member of the General Partner of the Investment Manager, maintains voting and investment power over the securities held by the Lynrock Lake Master Fund LP.