UIS.NYSEUnisys CORP

Form 4: Unisys Corp President & COO Michael M Thomson Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Michael M Thomson, President & COO of Unisys Corp, reports the disposition of 30,886 shares of common stock to cover tax obligations, while holding 356,627 shares directly and 7,519 shares indirectly through a USP Trust.

Summary

  • On February 28, 2024, Michael M Thomson, the President & COO of Unisys Corp, disposed of 30,886 shares of Unisys common stock.
  • The disposition was due to the satisfaction of tax obligations.
  • The price per share for the disposition was $5.28.
  • Following the transaction, Thomson directly owns 356,627 shares of Unisys common stock.
  • Thomson also indirectly owns 7,519 shares through a USP Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects a routine transaction for tax purposes and doesn't indicate any strategic shift or concern regarding the company's performance.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices. This filing indicates a standard transaction related to tax obligations.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on shareholders as it is a routine sale of shares for tax purposes.

Key Dates

DateDescription
02/28/2024Date of transaction: Disposition of 30,886 shares of Unisys common stock.
02/29/2024Date of signature for the report.

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