Form 4: NCR Voyix Executive Chair Transfers Shares to Family Trust, Acquires Additional Shares

James G. Kelly, Executive Chair of NCR Voyix Corp, transferred shares to a family trust and acquired additional shares in multiple transactions.

Summary

• On August 27, 2024, James G. Kelly, the Executive Chair of the Board of NCR Voyix Corp, engaged in transactions involving the company's common stock.
• Kelly transferred 32,100 shares to The Maura M. Kelly Family Gift Trust for no consideration, while also acquiring 32,100 shares via the same trust.
• Additionally, the Maura M. Kelly Family Gift Trust purchased 14,800 shares at a weighted average price of $13.41, with individual prices ranging from $13.33 to $13.47.
• Following these transactions, Kelly directly owns 9,396 shares and indirectly owns 46,900 shares through The Maura M. Kelly Family Gift Trust and 32,100 shares through the James G Kelly Grantor Trust.

Sentiment

Score: 5

Explanation: The document primarily reports transactions and doesn't convey strong positive or negative sentiment. It's a routine regulatory filing.

Industry Context

This filing reflects insider transactions, which are routinely monitored by investors to gauge management's confidence in the company's prospects. The transfer to a family trust is a common estate planning strategy.

Related Party Transactions

• The transfer of 32,100 shares to The Maura M. Kelly Family Gift Trust, of which James G. Kelly is the trustee and his immediate family members are the beneficiaries, constitutes a related party transaction.

Stakeholder Impact

• The transactions may have a minor impact on shareholders as they provide insight into insider activity, but the overall effect is likely minimal.

Key Dates