NCR Atleos director granted 1,205 phantom units
NCR Atleos Corp director Reece Joseph E received a grant of 1,205 Phantom Stock Units as part of the company’s Director Compensation Program.
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Rhea-AI Filing Summary
NCR Atleos Corp director Reece Joseph E received a grant of 1,205 Phantom Stock Units as part of the company’s Director Compensation Program. These units were awarded in lieu of a portion of his quarterly cash retainer, at a reference price of $43.58 per unit.
The phantom stock units convert into NCR Atleos common stock on a one-for-one basis and become payable in common stock after his service as a director ends. Following this grant, he holds a total of 11,138 phantom stock units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 1,205 | $43.58 | $53K |
Footnotes (3)
- F1. These are stocks acquired under the NCR Atleos Director Compensation Program (the "Compensation Program") as part of the reporting person's quarterly cash retainer. The reporting person elected to defer receipt of the quarterly cash retainer as NCR Atleos common stock to be received following the termination of the reporting person's service as a director.
- F2. The phantom stock units are converted into common stock on a one-for-one basis.
- F3. The phantom stock units become payable in common stock following the reporting person's termination of service as a director.
Key Figures
Key Terms
Phantom Stock Units financial
NCR Atleos Director Compensation Program financial
quarterly cash retainer financial
one-for-one basis financial
payable in common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did NCR Atleos (NATL) director Reece Joseph E report on this Form 4?
How many Phantom Stock Units does the NCR Atleos (NATL) director hold after this grant?
What are Phantom Stock Units in the NCR Atleos (NATL) director compensation program?
At what price were the NCR Atleos (NATL) Phantom Stock Units awarded on this Form 4?
When will the NCR Atleos (NATL) Phantom Stock Units become payable to the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.