UIS.NYSEUnisys CORP

Form 4: Unisys CEO Peter Altabef Disposes of Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Unisys CEO Peter Altabef disposed of 41,069 shares of common stock on February 28, 2024, to cover tax obligations.

Summary

  • On February 28, 2024, Peter Altabef, the CEO of Unisys Corporation, disposed of 41,069 shares of Unisys common stock.
  • The transaction was executed at a price of $5.28 per share.
  • This disposal was related to covering tax obligations.
  • Following the transaction, Altabef still beneficially owns 1,388,830 shares of Unisys common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership trends.

Stakeholder Impact

  • The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but the large number of shares still held by the CEO suggests continued confidence in the company.

Key Dates

DateDescription
02/28/2024Date of the transaction where Peter Altabef disposed of shares.
02/29/2024Date of signature by Attorney-in-Fact.

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