Form 4: NCR Atleos EVP Nunez Granted 34,928 Restricted Stock Units

NCR Atleos Corp's EVP, General Counsel & Secretary, Ricardo J. Nunez, was granted 34,928 restricted stock units on March 10, 2026, valued at $44.56 per share.

Summary

• Ricardo J. Nunez, Executive Vice President, General Counsel & Secretary of NCR Atleos Corp (NATL), acquired 34,928 shares of common stock.
• The transaction occurred on March 10, 2026, and represents a grant of time-based restricted stock units (RSUs).
• The acquisition price per share was $44.56.
• Following this transaction, Ricardo J. Nunez beneficially owns 65,226 shares of common stock.
• The RSUs will vest in three tranches: 25% on February 16, 2027, 25% on February 16, 2028, and 50% on February 16, 2029, contingent on continued employment.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting standard executive compensation practices aimed at retaining key talent and aligning management incentives with long-term shareholder value. It does not indicate any immediate operational or financial performance changes.

Positives

• The grant of restricted stock units aligns the executive's interests with long-term shareholder value.
• The significant grant size of 34,928 units at a value of $44.56 per share represents a substantial incentive for executive retention.

Future Outlook

The vesting schedule for the restricted stock units extends through February 2029, indicating an expectation of continued employment for Ricardo J. Nunez with NCR Atleos Corp over this period.

Industry Context

StockSavvy.ai notes that the grant of restricted stock units is a common practice in executive compensation across various industries, including technology and financial services, to incentivize long-term performance and retain key talent. This aligns NCR Atleos Corp with standard corporate governance practices for executive remuneration.

Comparison to Industry Standards

• The use of time-based restricted stock units for executive compensation is a widely adopted practice, comparable to compensation structures seen at companies like Fiserv, Diebold Nixdorf, and other financial technology providers.
• The multi-year vesting schedule is typical for such grants, aiming to ensure executive retention and alignment with long-term strategic goals, similar to programs at peer companies.

Stakeholder Impact

• Shareholders: The grant of RSUs represents a potential future dilution, though it is a standard component of executive compensation designed to align management's interests with shareholder value creation.
• Employees: The grant to a key executive may signal stability in leadership and a commitment to retaining top talent.

Next Steps

• Vesting of 25% of the restricted stock units on February 16, 2027.
• Vesting of an additional 25% of the restricted stock units on February 16, 2028.
• Vesting of the final 50% of the restricted stock units on February 16, 2029.

Key Dates

Keywords

NCR Atleos Corp, NATL, Ricardo J. Nunez, Restricted Stock Units, RSU Grant, Insider Transaction, Executive Compensation, Equity Award, Corporate Governance