Form 4: Unisys SVP & CMO Teresa Poggenpohl Reports Stock Disposals
SEC Form 4 Filing
Teresa Poggenpohl, SVP & CMO of Unisys, reported the disposal of common stock to cover tax obligations.
Summary
- On May 3, 2024, Teresa Poggenpohl, SVP & CMO of Unisys Corporation, disposed of 522 shares of common stock at a price of $5.08.
- Additionally, on the same day, Poggenpohl disposed of 1,312 shares of common stock, also at $5.08.
- Following these transactions, Poggenpohl beneficially owns 77,135 shares of Unisys common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals, likely for tax purposes, which is a routine activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities. These filings are closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- The stock disposal by an executive could be perceived negatively by some shareholders, although it is often a routine transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock disposal transactions |
| 05/07/2024 | Date of signature by Attorney-in-Fact |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.