Form 4: Unisys Executive Kristen Prohl Reports Stock Transactions
SEC Form 4
Kristen Prohl, SVP, GC, Secretary & CAO of Unisys Corp, reports acquisition and disposal of common stock and derivative securities.
Summary
- On August 1, 2024, Kristen Prohl, SVP, GC, Secretary & CAO of Unisys Corp, reported transactions involving Unisys common stock and derivative securities.
- These transactions included the disposal of 2,282 shares and 1,138 shares of common stock at $4.75, and the acquisition of 3,632 shares of common stock.
- These transactions also included the exercising of 2,185 TSR-based restricted stock units.
- Following these transactions, Prohl beneficially owns 92,118 shares of Unisys common stock and 4,370 TSR Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The TSR Based-RSUs are eligible to be earned over a three-year period based on Unisys Corporation's relative total shareholder return compared to the Russell 2000 Index through December 31, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
- The transactions have no immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 08/01/2023 | Date of grant for TSR-based restricted stock units. |
| 01/01/2023 | Start date for measuring Unisys' relative total shareholder return (rTSR). |
| 12/31/2023 | End date for measuring Unisys' relative total shareholder return (rTSR) for the first tranche of TSR Based-RSUs. |
| 08/01/2024 | Date of reported transactions: stock disposal, acquisition, and derivative security exercise. |
| 12/31/2024 | End date for measuring Unisys' relative total shareholder return (rTSR) for the second tranche of TSR Based-RSUs. |
| 12/31/2025 | End date for measuring Unisys' relative total shareholder return (rTSR) for the third tranche of TSR Based-RSUs. |
| 08/05/2024 | Date of signature for the report. |
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