Form 4: NCR Atleos Corp Executive Reports Tax Withholding Stock Transaction
SEC Form 4 Filing
Ricardo J. Nunez, EVP, General Counsel & Secretary of NCR Atleos Corp, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 16, 2025, Ricardo J. Nunez, EVP, General Counsel & Secretary of NCR Atleos Corp, disposed of 2,373 shares of common stock to cover tax withholding obligations.
- The shares were withheld at a price of $30.47 per share.
- Following the transaction, Nunez directly owns 18,288 shares of NCR Atleos Corp.
- This includes shares acquired under the Employee Stock Purchase Plan on September 30, 2024 (475 shares) and December 31, 2024 (400 shares).
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction related to tax obligations, and does not inherently indicate 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 executive compensation and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| September 30, 2024 | Acquisition of shares under the NCR Atleos Corporation Employee Stock Purchase Plan |
| December 31, 2024 | Acquisition of shares under the NCR Atleos Corporation Employee Stock Purchase Plan |
| February 16, 2025 | Date of stock disposal for tax withholding obligations |
| February 19, 2025 | Date of report filing |
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