Form 4: NCR Atleos Corp Executive Andrew R. DuVall Reports Stock Transactions
SEC Form 4 Filing
Andrew R. DuVall, Chief Accounting Officer of NCR Atleos Corp, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On August 16, 2024, Andrew R. DuVall, Chief Accounting Officer of NCR Atleos Corp, reported transactions involving the company's common stock.
- Specifically, 1,053 restricted stock units (RSUs) vested.
- Additionally, 373 shares were withheld to cover tax obligations related to the RSU vesting at a price of $28.28 per share.
- Following these transactions, DuVall directly owns 16,641 shares of NCR Atleos Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by an executive, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/16/2022 | Date of original grant of the restricted stock units (RSUs) that vested on August 16, 2024. |
| 08/16/2024 | Date of RSU vesting and tax withholding. |
| 08/20/2024 | Date of signature on the Form 4 filing. |
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