Form 4: Unisys Corp Executive Gupta Shalabh Reports Acquisition of Shares Through Performance-Based Restricted Stock Units
SEC Form 4 Filing
VP, Tax & Treasurer of Unisys Corp, Gupta Shalabh, reports acquiring shares of common stock through performance-based restricted stock units.
Summary
- On February 11, 2025, Gupta Shalabh, VP, Tax & Treasurer of Unisys Corp, acquired 4,115 shares of common stock related to the 2024 performance period from PB-RSUs granted on February 28, 2023.
- Additionally, Gupta Shalabh acquired 8,516 shares of common stock related to the 2024 performance period from PB-RSUs granted on February 26, 2024.
- Following these transactions, Gupta Shalabh directly owns 101,064 shares of Unisys Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. There is no indication of significant positive or negative implications for the company.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's performance and future prospects.
Industry Context
Executive stock ownership is a common practice in publicly traded companies and is often used to align the interests of management with those of shareholders.
Stakeholder Impact
- The increased ownership stake of a key executive could potentially increase investor confidence.
Key Dates
| Date | Description |
|---|---|
| February 28, 2023 | Date of grant for PB-RSUs related to the acquisition of 4,115 shares. |
| February 26, 2024 | Date of grant for PB-RSUs related to the acquisition of 8,516 shares. |
| February 11, 2025 | Date of transaction for the acquisition of 4,115 and 8,516 shares. |
| February 13, 2025 | Date of signature for the Form 4 filing. |
Keywords
Unisys Corp, Gupta Shalabh, Form 4, Beneficial Ownership, Performance-Based Restricted Stock Units, PB-RSUs, Executive Compensation, Insider Trading
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