Form 4: Unisys VP Disposes Shares for Tax Obligations
Insider Transaction Report
Unisys Corporation's VP, CAO, and Corporate Controller, David Lawrence Brown, reported the disposition of 3,507 common shares to cover tax withholding obligations.
Summary
- David Lawrence Brown, VP, CAO, and Corporate Controller of Unisys Corporation (UIS), reported an insider transaction.
- On February 24, 2026, Brown disposed of 3,507 shares of Unisys Common Stock.
- The disposition occurred at a price of $2.13 per share.
- This transaction was categorized as 'F', indicating a disposition to the issuer specifically to satisfy tax withholding obligations.
- Following this transaction, Brown directly beneficially owns 46,357 shares of Unisys Common Stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up pre-arranged trading plans.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the disposition of shares is for tax withholding obligations, a routine administrative action for executives receiving equity compensation.
Positives
- The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged and systematic approach to managing equity compensation and tax liabilities.
Negatives
- A disposition of shares, even for tax purposes, results in a reduction of the insider's direct ownership in the company.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly dispositions for tax purposes, are common occurrences for executives receiving equity compensation and typically do not reflect a change in management's fundamental view of the company's prospects. Such transactions are often pre-scheduled under Rule 10b5-1 plans to manage personal tax liabilities associated with equity awards.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine, small-scale insider disposition for tax purposes and does not indicate a change in company fundamentals or insider confidence.
Key Dates
| Date | Description |
|---|---|
| 02/24/2026 | Date of transaction where 3,507 shares were disposed. |
| 02/26/2026 | Date the Form 4 was filed with the U.S. Securities and Exchange Commission. |
Keywords
Unisys, UIS, Form 4, Insider Transaction, David Lawrence Brown, Share Disposition, Tax Withholding, Corporate Controller, VP CAO
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