Form 4: NCR Voyix Executive Sells Shares to Cover Tax Obligations

An NCR Voyix executive, Beimnet Tadele, sold 1,731 shares of common stock to cover tax obligations related to the vesting of restricted stock units.

Summary

• Beimnet Tadele, an Executive Vice President and President of Restaurants at NCR Voyix Corp, sold 1,731 shares of common stock on February 1, 2025.
• The sale was executed to cover tax withholding obligations arising from the vesting of 4,940 restricted stock units.
• The shares were sold at a price of $12.29 per share.
• Following the transaction, Tadele directly owns 6,857 shares of NCR Voyix stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no significant positive or negative implications.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a standard practice across publicly listed companies.
• The number of shares sold and the price are specific to this executive and company, but the mechanism is common.
• Similar transactions are regularly reported by executives at companies like Oracle, SAP, and Salesforce.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

NCR Voyix, executive stock sale, Form 4, insider trading, stock transaction, tax obligations, restricted stock units