Form 4: NCR Atleos Corp: CEO Timothy Charles Oliver Reports Stock Transactions

NCR Atleos Corp CEO Timothy Charles Oliver reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On February 25, 2025, Timothy Charles Oliver, the President & CEO of NCR Atleos Corp, reported transactions involving the company's common stock.
• 31,681 restricted stock units vested, converting into common stock at a price of $0 per unit.
• Concurrently, 14,289 shares were withheld to cover tax obligations at a price of $29 per share.
• Following these transactions, Oliver directly owns 338,351 shares of NCR Atleos Corp common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a standard SEC Form 4 filing, reflecting insider transactions. It's common for executives to receive stock-based compensation, which vests over time. The tax withholding is also a routine part of the vesting process.

Stakeholder Impact

• The transaction impacts shareholders by increasing the number of shares outstanding, although the effect is minimal given the relatively small number of shares involved.
• The transaction impacts the executive, Timothy Charles Oliver, by increasing his holdings in the company.

Key Dates