Form 4: Unisys EVP & CFO Debra McCann Reports Changes in Beneficial Ownership

Debra McCann, EVP & CFO of Unisys Corp, reports a transaction involving common stock on May 31, 2024, resulting in a decrease in holdings due to the disposition of shares to cover tax obligations.

Summary

• Debra McCann, the EVP & CFO of Unisys Corporation, filed a Form 4 on June 3, 2024, reporting changes in beneficial ownership of Unisys Corp [UIS] common stock.
• On May 31, 2024, McCann disposed of 3,444 shares of common stock at a price of $4.29 per share.
• This transaction was likely to cover tax obligations related to vesting of stock or option exercises.
• Following the transaction, McCann directly owns 212,690 shares of Unisys Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral filing related to routine stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects an insider's decision to sell a portion of their holdings, potentially influencing market perception.

Key Dates