Short answer
Teradata Corp (TDC) filed an 8-K current report with the SEC on February 23, 2026 reporting Item 8.01 (Other Events). Teradata settles all litigation with SAP SE for a gross payment of $480 million, due within 60 days of February 19, 2026.
Teradata Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- Teradata settles all litigation with SAP SE for a gross payment of $480 million, due within 60 days of February 19, 2026
- Net cash proceeds estimated at $355–$362 million after contingent legal fees and related expenses, before taxes
- Settlement resolves all past and pending claims between the parties, with mutual releases and court dismissal with prejudice
- Capital allocation decision for the ~$360M net windfall pending: update expected on Q1 2026 earnings call
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Teradata Corp 8-K filings
Get the next TDC 8-K as it lands
Follow TDC for push alerts, or ask the research agent what this filing means.