Director Natoli gets 4,351 RSUs at NCR Atleos (NYSE: NATL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Natoli Frank A reported acquisition or exercise transactions in this Form 4 filing.
NCR Atleos Corp director Frank A. Natoli received an equity grant in the form of 4,351 restricted stock units. These units represent his annual director compensation, vesting 12 months after the grant date while he continues serving on the board. Natoli elected to defer receiving the underlying NCR Atleos common stock until after his board service ends. Following this grant, he holds 23,975 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Natoli Frank A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,351 | $44.82 | $195K |
Holdings After Transaction:
Common Stock — 23,975 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 4,351 units
Grant value per share: $44.82 per share
Shares owned after grant: 23,975 shares
+1 more
4 metrics
Restricted stock units granted
4,351 units
Annual equity grant to director Frank A. Natoli
Grant value per share
$44.82 per share
Implied price for the 4,351-unit award
Shares owned after grant
23,975 shares
Total NCR Atleos common stock held directly after transaction
Vesting period
12 months
RSUs vest 12 months after the grant date
Key Terms
restricted stock units, Director Compensation Program, vest, defer receipt
4 terms
restricted stock units financial
"These restricted stock units represent the annual equity grant awarded to directors"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Director Compensation Program financial
"awarded to directors under the NCR Atleos Director Compensation Program"
vest financial
"The restricted stock units vest 12 months after the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
defer receipt financial
"The reporting person elected to defer receipt of NCR Atleos common stock"
FAQ
What insider transaction did NCR Atleos (NATL) director Frank Natoli report?
Frank A. Natoli reported receiving 4,351 restricted stock units as an annual equity grant for his board service. The grant is part of the NCR Atleos Director Compensation Program and is structured as compensation, not an open-market purchase or sale of shares.
How do Frank Natoli’s restricted stock units at NCR Atleos (NATL) vest?
The restricted stock units granted to Frank A. Natoli vest 12 months after the grant date. Vesting is contingent on his continued service as a director on each vesting date under the NCR Atleos Director Compensation Program.
What is the purpose of the NCR Atleos (NATL) Director Compensation Program?
The NCR Atleos Director Compensation Program provides annual equity grants, such as restricted stock units, to directors. These awards align director compensation with shareholder interests, vest over time, and can be deferred until after board service ends, as elected by individual directors.