Form 4: Unisys SVP & CMO, Teresa Poggenpohl, Reports Changes in Beneficial Ownership

Teresa Poggenpohl, SVP & CMO of Unisys, reports acquisition and disposal of common stock and adjustments to holdings of time-based restricted stock units.

Summary

• On February 25, 2024, Teresa Poggenpohl disposed of 794 shares of Unisys common stock at a price of $5.25.
• On February 26, 2024, she acquired 33,033 shares of Unisys common stock at $0.
• Following these transactions, Poggenpohl directly owns 83,376 shares of Unisys common stock, which includes 40,974 time-based restricted stock units (TB-RSUs) and 10,163 shares of common stock.
• The report also references prior awards of TB-RSUs.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing primarily reflects routine transactions. The large acquisition is a slightly positive signal, but the disposal tempers it.

Positives

• The acquisition of 33,033 shares indicates a potential increase in confidence in the company.

Negatives

• The disposal of 794 shares could be seen as a slightly negative signal, although the subsequent acquisition outweighs this.

Risks

• The Form 4 filing itself doesn't inherently indicate risks, but changes in insider ownership can sometimes reflect underlying concerns or opportunities within the company.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about company prospects.

Stakeholder Impact

• Shareholders may be interested in the insider's activity as an indicator of company performance.

Key Dates