Form 4: Unisys Corp Executive Acquires Shares Following Performance-Based Vesting

David Lawrence Brown, VP, CAO, and Corporate Controller of Unisys Corp, acquired 6,549 shares of common stock due to the vesting of performance-based restricted stock units.

Summary

• On February 11, 2025, David Lawrence Brown, VP, CAO, Corporate Controller of Unisys Corp, acquired 6,549 shares of Unisys common stock.
• The acquisition was a result of the vesting of performance-based restricted stock units (PB-RSUs) granted on February 26, 2024, under the Unisys Corporation 2023 Long-Term Incentive and Equity Compensation Plan.
• Following the transaction, Brown directly owns 21,564 shares of Unisys common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard executive compensation transaction. The vesting of shares suggests performance targets were met, which is mildly positive.

Positives

• The vesting of PB-RSUs indicates that performance targets were met, which can be seen as a positive signal.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies as part of executive compensation packages. The vesting of restricted stock units is a typical component of long-term incentive plans.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it indicates that performance targets were met to trigger the vesting of the PB-RSUs.

Key Dates

Keywords

Unisys, Form 4, Beneficial Ownership, David Lawrence Brown, PB-RSUs, Performance-Based Restricted Stock Units, Equity Compensation, Insider Transaction