Director at NCR Atleos (NATL) receives 4,351-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NCR Atleos Corp reported that director Odilon Almeida acquired 4,351 shares of common stock through an equity award valued at $44.82 per share. This was a grant of restricted stock units under the company’s Director Compensation Program, not an open-market purchase.
The restricted stock units vest 12 months after the grant date, as long as Almeida continues serving as a director on the vesting date. Following this grant, he directly holds 23,975 shares of NCR Atleos common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Almeida Odilon
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)
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Key Figures
Equity grant size: 4,351 shares
Grant value per share: $44.82 per share
Shares after transaction: 23,975 shares
+1 more
4 metrics
Equity grant size
4,351 shares
Restricted stock units granted to director
Grant value per share
$44.82 per share
Reference price for RSU grant
Shares after transaction
23,975 shares
Total direct holdings following grant
Vesting period
12 months
RSUs vest after 12 months of continued board service
Key Terms
restricted stock units, annual equity grant, vest, Director Compensation Program
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.
annual equity grant financial
"represent the annual equity grant 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.
Director Compensation Program financial
"awarded to directors under the NCR Atleos Director Compensation Program"
FAQ
What did the latest Form 4 for NCR Atleos (NATL) disclose?
The Form 4 shows director Odilon Almeida received 4,351 restricted stock units as an equity award. These units are tied to NCR Atleos’ Director Compensation Program and vest after 12 months of continued board service.
When do Odilon Almeida’s NCR Atleos (NATL) restricted stock units vest?
The restricted stock units vest 12 months after the grant date. Vesting is conditional on Almeida’s continued service as a director through the vesting date, aligning the award with ongoing board participation.
What program governs the NCR Atleos (NATL) equity grant to directors?
The award comes from the NCR Atleos Director Compensation Program. Under this program, directors receive annual restricted stock unit grants that typically vest after 12 months of continued service on the company’s board.