NCR Atleos (NATL) director granted 4,351 restricted stock units under annual program
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
von Gillern Jeffry H. reported acquisition or exercise transactions in this Form 4 filing.
NCR Atleos Corp director Jeffry H. von Gillern received an equity award of 4,351 shares of Common Stock on May 21, 2026. The Form 4 classifies this as a grant or award, not an open-market purchase, at a reported value of $44.82 per share.
According to the footnote, these restricted stock units represent the annual equity grant awarded to directors under the NCR Atleos Director Compensation Program and will vest 12 months after the grant date, subject to his continued service as a director. Following this award, he directly holds 23,975 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
von Gillern Jeffry H.
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 price per share: $44.82 per share
Shares held after grant: 23,975 shares
+1 more
4 metrics
Equity grant size
4,351 shares
Restricted stock units granted to director on May 21, 2026
Grant price per share
$44.82 per share
Reported transaction price for the 4,351-share award
Shares held after grant
23,975 shares
Total Common Stock directly held following the transaction
Vesting period
12 months
Restricted stock units vest 12 months after the grant date
Key Terms
restricted stock units, annual equity grant, Director Compensation Program, vest
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"
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.
FAQ
What did NCR Atleos (NATL) director Jeffry H. von Gillern report on this Form 4?
He reported receiving an equity award of 4,351 shares of NCR Atleos Common Stock. The filing describes this as a grant or award under a director compensation program, increasing his directly held position to 23,975 shares after the transaction.
Was the NCR Atleos (NATL) transaction by Jeffry H. von Gillern a market purchase or a grant?
The transaction was a grant or award acquisition, not a market purchase. The Form 4 uses transaction code A and describes it as a grant, award, or other acquisition tied to the NCR Atleos Director Compensation Program.
What are the vesting terms of the NCR Atleos (NATL) restricted stock units granted to the director?
The restricted stock units vest 12 months after the grant date. Vesting is conditional on the director’s continued service; he must remain on the board through the vesting date under the NCR Atleos Director Compensation Program terms described.
Is the NCR Atleos (NATL) equity award to Jeffry H. von Gillern part of a regular program?
Yes. The footnote explains that these restricted stock units represent the annual equity grant to directors. They are awarded under the NCR Atleos Director Compensation Program rather than being an isolated or discretionary open-market transaction.