Form 4: Unisys Corp Executive Shalabh Gupta Reports Stock Disposal
SEC Form 4 Filing
VP, Tax & Treasurer of Unisys Corp, Shalabh Gupta, reports disposing of 3,183 shares of common stock to cover tax obligations.
Summary
- On February 28, 2024, Shalabh Gupta, VP, Tax & Treasurer of Unisys Corp, disposed of 3,183 shares of common stock.
- The transaction was executed at a price of $5.28 per share.
- Following the transaction, Gupta directly owns 88,433 shares of Unisys Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to an insider transaction, likely for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the stock disposal transaction |
| 02/29/2024 | Date of signature by Attorney-in-Fact |
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