Form 4: Unisys CEO Peter Altabef Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CEO Peter Altabef reports disposition of Unisys Corporation common stock to cover tax obligations.
Summary
- On February 28, 2025, Peter Altabef, CEO of Unisys Corporation, reported the disposition of common stock to cover tax obligations.
- A total of 15,555 shares were disposed of at a price of $4.31 per share, resulting in a decrease in beneficial ownership to 1,431,455 shares.
- An additional 27,406 shares were disposed of at $4.31 per share, further reducing beneficial ownership to 1,404,049 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock dispositions for tax purposes, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates stock dispositions to cover tax obligations, which is a common practice among executives.
Stakeholder Impact
- The stock dispositions may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposition transactions. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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