Form 4: Unisys EVP & CFO Debra McCann Reports Acquisition of Common Stock
SEC Form 4 Filing
Debra McCann, EVP & CFO of Unisys Corp, reports the acquisition of common stock related to performance-based restricted stock units.
Summary
- Debra McCann, the EVP & CFO of Unisys Corp, filed a Form 4 on February 13, 2025, reporting changes in beneficial ownership of Unisys Corp stock.
- The report indicates the acquisition of 15,830 shares of common stock on February 11, 2025, related to performance-based restricted stock units (PB-RSUs) granted on February 28, 2023, under the 2023 Long-Term Incentive and Equity Compensation Plan.
- Additionally, 37,991 shares were acquired on the same date, linked to PB-RSUs granted on February 26, 2024, also under the 2023 plan.
- Following these transactions, McCann directly owns 266,511 shares of Unisys Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a standard transaction related to executive compensation. The acquisition of shares by the CFO could be seen as a positive sign, but it's directly tied to pre-existing compensation plans.
Positives
- The acquisition of shares by a high-ranking executive could be interpreted as a positive signal regarding the executive's confidence in the company's future performance.
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 stock ownership of a key executive could positively influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| February 28, 2023 | Date of grant for performance-based restricted stock units (PB-RSUs) related to the acquisition of 15,830 shares. |
| February 26, 2024 | Date of grant for performance-based restricted stock units (PB-RSUs) related to the acquisition of 37,991 shares. |
| February 11, 2025 | Transaction date for the acquisition of 15,830 and 37,991 shares of common stock. |
| February 13, 2025 | Date of filing the Form 4. |
Keywords
Form 4, beneficial ownership, Unisys, Debra McCann, EVP & CFO, common stock, PB-RSUs, Long-Term Incentive Plan
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