Form 4: Unisys Corp Executive Thomson M. Sells Shares to Cover Tax Obligations

Unisys Corp's President & COO, Michael M. Thomson, disposed of shares to cover tax obligations arising from vesting restricted stock units.

Summary

• On February 28, 2025, Michael M. Thomson, President & COO of Unisys Corp, disposed of 11,698 and 20,611 shares of common stock to satisfy tax obligations.
• The transactions were executed at a price of $4.31 per share.
• Following these transactions, Thomson directly owns 805,131 shares of Unisys Corp common stock and indirectly owns 7,519 shares through a USP Trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, and does not inherently indicate positive or negative sentiment.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation and tax planning. These transactions are closely watched by investors as they can provide insights into an executive's perspective on the company's value and future prospects.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a standard practice across publicly listed companies.
• The scale of the disposal needs to be considered in the context of Thomson's overall holdings and Unisys's market capitalization.
• Comparable companies such as IBM, Accenture, and HP also see similar transactions by their executives.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares involved compared to the total outstanding shares of Unisys Corp.

Key Dates