Form 4: NCR Atleos Director Mark W. Begor Reports Acquisition of Phantom Stock Units

Director Mark W. Begor reports acquisition of 920 phantom stock units of NCR Atleos Corp as part of the director compensation program.

Summary

• On September 30, 2024, Mark W. Begor, a director of NCR Atleos Corp, acquired 920 phantom stock units.
• These units were obtained under the NCR Atleos Director Compensation Program as part of the quarterly cash retainer, which Begor elected to defer as common stock.
• The phantom stock units convert into common stock on a one-for-one basis and become payable following the termination of Begor's service as a director.
• The price of the derivative security is $28.53.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment as it aligns director interests with the company's performance.

Positives

• The acquisition of phantom stock units demonstrates the director's alignment with the company's long-term success.

Future Outlook

The phantom stock units will be converted into common stock upon the director's termination of service.

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies.

Stakeholder Impact

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders.

Key Dates