Form 4: Unisys Director Peter Altabef Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Peter Altabef reports changes in beneficial ownership of Unisys Corp stock due to tax withholding and stock awards.
Summary
- On March 31, 2025, Peter Altabef, a director of Unisys Corp, had 49,183 shares of common stock disposed of to cover tax obligations at a price of $4.59.
- On the same day, an additional 27,406 shares were disposed of for tax withholding at $4.59.
- On April 1, 2025, Altabef acquired 44,248 shares of common stock through stock awards at $0 cost.
- Following these transactions, Altabef directly owns 1,371,708 shares of Unisys Corp common stock.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to tax obligations and stock awards, indicating a neutral sentiment.
Positives
- Peter Altabef acquired 44,248 shares of common stock through stock awards, increasing his holdings.
Negatives
- Peter Altabef disposed of 49,183 and 27,406 shares to cover tax obligations, reducing his holdings.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Disposal of 49,183 shares of common stock for tax withholding at $4.59 per share. |
| 03/31/2025 | Disposal of 27,406 shares of common stock for tax withholding at $4.59 per share. |
| 04/01/2025 | Acquisition of 44,248 shares of common stock through stock awards at $0 cost. |
| 04/02/2025 | Date of signature by Alex Gonzalez, Attorney-in-Fact. |
Keywords
beneficial ownership, Unisys, director, stock, Form 4, Altabef, UIS
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