Form 4: NCR Atleos Director Michelle M. Frymire Reports Acquisition of Common Stock

Director Michelle M. Frymire reports acquisition of 5,686 shares of NCR Atleos Corp common stock as part of the annual equity grant awarded to directors.

Summary

• Michelle M. Frymire, a director of NCR Atleos Corp, reported a transaction on May 21, 2024.
• She acquired 5,686 shares of common stock at a price of $28.14 per share.
• This acquisition was part of the annual equity grant awarded to directors under the NCR Atleos Director Compensation Program.
• Following the transaction, Frymire directly owns 12,503 shares of common stock.
• The restricted stock units vest 12 months after the grant date, contingent upon continued service as a director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares indicates confidence, but it's part of a standard compensation package.

Positives

• The acquisition of shares by a director signals confidence in the company's future.
• The equity grant aligns the director's interests with those of the shareholders.

Future Outlook

The restricted stock units vest 12 months after the grant date, subject to the reporting person's continued service as a director on the vesting date.

Industry Context

Directors receiving equity grants is a common practice to align their interests with shareholders and incentivize long-term value creation.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates