NCR Atleos Corp (NATL) EVP, General Counsel & Sectry Ricardo J. Nunez reported that 66,103 restricted stock units vested on October 1, 2026, subject to his continued employment on the vesting date under the award agreement. The vesting resulted in acquisition of 66,103 common shares at a reported transaction price of $45.03 per share; 25,154 shares were withheld to cover tax withholding obligations.
NCR Atleos Corp director Joseph E. Reece acquired 1,273 Phantom Stock Units on September 30, 2026, under the Director Compensation Program as part of his quarterly cash retainer. Reece elected to defer receipt as NCR Atleos common stock until after his service as a director ends. The units convert one-for-one into common stock and become payable following termination of service. His reported position after the acquisition was 13,736 Phantom Stock Units.
Bank of America Corporation and its subsidiaries report passive ownership in NCR Atleos Corp. They disclose beneficial ownership of 3,821,772 shares of NCR Atleos common stock, representing 5.2% of the outstanding class, based on 73,800,000 shares outstanding as of June 30, 2026.
The filing states that Bank of America and its listed subsidiaries hold no sole voting or dispositive power, but have shared voting power over 3,709,720 shares and shared dispositive power over 3,724,561 shares. The position is reported on a group basis for several wholly owned subsidiaries, including broker-dealer and banking entities.
NCR Atleos Corporation reported stable second‑quarter revenue of $1.10 billion, flat year over year, with first‑half 2026 revenue up 3% to $2.15 billion. Recurring revenue was $776 million in the quarter and $1.53 billion year‑to‑date, reflecting the importance of ATM as a Service and subscription software. Gross margin rose to 28.0% in the quarter, supported by favorable mix, tariff refunds and productivity initiatives.
Net income attributable to Atleos increased to $65 million in Q2 and $87 million for the first half, with diluted EPS of $0.86 and $1.15, respectively. However, net cash provided by operating activities declined to $21 million for the first six months from $98 million a year earlier, driven by working capital movements. The balance sheet shows total assets of $5.66 billion, total liabilities of $5.20 billion, and long‑term borrowings of $2.71 billion.
Atleos entered into a Merger Agreement under which The Brink’s Company will acquire each Atleos share for $30.00 in cash plus 0.1574 Brink’s shares, following stockholder approvals and regulatory clearances, with closing expected early in the first quarter of 2027. The company also corrected immaterial prior‑period misstatements related to revenue and tax items and continues to share certain environmental and legal obligations with NCR Voyix.
NCR Atleos Corporation reported solid second quarter 2026 results. Total revenue was $1.10 billion, flat year-over-year, with 70% from recurring streams. Gross margin expanded to 28.0% from 22.9%, and adjusted gross margin rose to 30.2%. Q2 net income attributable to Atleos increased 67% to $65 million, or $0.86 diluted EPS, while adjusted diluted EPS grew to $1.49, up 67%. Adjusted EBITDA was $254 million, a 25% increase, lifting the adjusted EBITDA margin to 23.0%.
Self-Service Banking revenue rose 1% to $741 million, with adjusted EBITDA up 13% and margin improving to 28.6%. Network revenue declined 1% to $316 million, but Network adjusted EBITDA grew 23%, with margin reaching 33.5%. Net cash from operating activities in Q2 was $30 million, and adjusted free cash flow-unrestricted was $16 million. The net leverage ratio improved to 2.69x from 3.14x a year earlier.
The company highlighted progress on its proposed merger with The Brink’s Company; both companies’ shareholders approved the transaction, and Atleos now anticipates closing in early first quarter 2027, subject to remaining conditions. Due to the pending deal, Atleos will not host an earnings call or provide a financial outlook.
Reece Joseph E reported acquisition or exercise transactions in this Form 4 filing.
NCR Atleos Corp director Joseph E. Reece received a grant of 1,325 Phantom Stock Units valued at $43.41 per unit as part of his quarterly director compensation. These units track NCR Atleos common stock on a one-for-one basis and will be paid in shares after his board service ends, bringing his total reported phantom units to 12,463.
NCR Atleos Corporation reported that its stockholders approved the previously announced acquisition by The Brink’s Company at a virtual special meeting. As of the May 11, 2026 record date, 73,797,901 common shares were entitled to vote, and 80.70% of eligible votes were represented, constituting a quorum.
The merger proposal received 59,403,719 votes for, 92,237 against and 63,782 abstentions, while the compensation proposal related to the merger also passed. The companies noted that U.S. antitrust clearance under the Hart-Scott-Rodino Act has been received and that the transaction is expected to close by the end of the first quarter of 2027, subject to remaining regulatory approvals and customary conditions.
The Brink’s Company filed an 8-K supplementing the joint proxy statement/prospectus for its proposed mergers with NCR Atleos, reporting that the Form S-4 was declared effective on May 27, 2026 and special meetings are set for June 30, 2026.
The filing discloses two shareholder complaints filed in New York State court challenging the Mergers and demand letters alleging disclosure deficiencies. Brink’s and NCR Atleos deny liability and are voluntarily providing additional disclosures while maintaining the Merger terms and meeting timing. The supplement updates valuation analyses, selected precedent transaction multiples, net debt figures, fee arrangements and certain assumptions used by Morgan Stanley and J.P. Morgan.