Form 4: NCR Atleos Corp Executive Stuart Mackinnon Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4


EVP & Chief Operating Officer of NCR Atleos Corp, Stuart Mackinnon, reports disposing of 2,815 shares of common stock to cover tax withholding obligations upon vesting of restricted stock units.

Summary

  • On February 16, 2025, Stuart Mackinnon, EVP & Chief Operating Officer of NCR Atleos Corp, disposed of 2,815 shares of common stock.
  • The shares were disposed of to cover tax withholding obligations related to the vesting of 10,330 restricted stock units.
  • The transaction was executed at a price of $30.47 per share.
  • Following the transaction, Mackinnon directly owns 65,715 shares of NCR Atleos Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. This filing indicates a routine transaction to cover tax obligations related to vested equity.

Key Dates

DateDescription
02/16/2025Date of transaction and vesting of restricted stock units
02/19/2025Date of signature on the Form 4 filing

Keywords

Form 4, NCR Atleos Corp, Stuart Mackinnon, Stock Disposal, Tax Withholding, Restricted Stock Units, Executive Compensation, NATL

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