Form 4: NCR Voyix Corp Director Kirk Larsen Reports Acquisition and Disposal of Shares

Sentiment:

SEC Form 4 Filing


Director Kirk Larsen reports acquisition of 12,413 shares of NCR Voyix Corp common stock as part of a restricted stock unit grant and disposal of 52,412 shares.

Summary

  • Kirk Larsen, a director of NCR Voyix Corp, filed a Form 4 detailing changes in beneficial ownership.
  • On May 29, 2024, Larsen acquired 12,413 shares of common stock through a restricted stock unit (RSU) grant under the company's non-employee director compensation program.
  • The RSUs vest on the first anniversary of the grant date, contingent upon Larsen's continued service as a director.
  • Larsen elected to defer receipt of the common stock underlying the RSUs until after termination of service as a director.
  • The director also disposed of 52,412 shares.
  • Following these transactions, Larsen beneficially owns 52,412 shares of NCR Voyix Corp.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions by a company director.

Positives

  • The RSU grant aligns the director's interests with the long-term performance of the company.

Future Outlook

The reporting person will receive the Issuer's common stock following the termination of the reporting person's service as a director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
05/29/2024Date of transaction (acquisition of shares via RSU grant).
05/31/2024Date of signature on the Form 4 filing.

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