Form 4: NCR Voyix Executive Sells Shares for Tax Obligations
Insider Transaction Report
NCR Voyix EVP Kelli Sterrett disposed of 4,170 shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- Kelli Sterrett, Executive Vice President, General Counsel & Secretary of NCR Voyix Corp (VYX), reported a transaction on August 29, 2025.
- A total of 4,170 shares of common stock were disposed of at a price of $13.18 per share.
- This disposition was made to cover tax withholding obligations associated with the vesting of 9,361 previously reported restricted stock units.
- Following this transaction, Kelli Sterrett directly beneficially owns 32,470 shares of NCR Voyix Corp common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax-related disposition of shares upon vesting of restricted stock units, which is a neutral event with no direct positive or negative implications for the company's operational performance or future prospects.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minor, routine dilution from the vesting of RSUs is already factored into compensation plans. The sale for tax purposes is a common occurrence and does not indicate a change in management's confidence or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 08/29/2025 | Date of transaction where shares were withheld for tax obligations upon the vesting of restricted stock units. |
| 09/02/2025 | Date the Form 4 filing was signed by Kelli Sterrett. |
Recommendation
holdThe filing details a routine, non-discretionary sale of shares by an executive to cover tax obligations upon the vesting of restricted stock units. This type of transaction is a common part of executive compensation and does not reflect a change in the company's fundamentals, management's outlook, or a strategic shift. Therefore, it provides no new information that would warrant a change in investment recommendation based solely on this filing.
Keywords
NCR Voyix Corp, VYX, Kelli Sterrett, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation
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