STOCK TITAN

NCR Atleos (NATL) director Reece defers pay into 1,325 phantom stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Insider Reece Joseph E
Role null
Type Security Shares Price Value
Grant/Award Phantom Stock Units 1,325 $43.41 $58K
Holdings After Transaction: Phantom Stock Units — 12,463 shares (Direct, null)
Footnotes (1)
  1. 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. The phantom stock units are converted into common stock on a one-for-one basis. The phantom stock units become payable in common stock following the reporting person's termination of service as a director.
Phantom Stock Units granted 1,325 units Grant under Director Compensation Program on June 30, 2026
Grant value per unit $43.41 per unit Value assigned to Phantom Stock Units on transaction date
Total phantom units after grant 12,463 units Phantom Stock Units beneficially owned following transaction
Conversion ratio 1:1 Each Phantom Stock Unit converts into one common share
Transaction code A Grant, award, or other acquisition of derivative security
Phantom Stock Units financial
"These are stocks acquired under the NCR Atleos Director Compensation Program as Phantom Stock Units."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
NCR Atleos Director Compensation Program financial
"These are stocks acquired under the NCR Atleos Director Compensation Program as part of the quarterly cash retainer."
defer receipt of the quarterly cash retainer financial
"The reporting person elected to defer receipt of the quarterly cash retainer as NCR Atleos common stock."
one-for-one basis financial
"The phantom stock units are converted into common stock on a one-for-one basis."
payable in common stock financial
"The phantom stock units become payable in common stock following the reporting person's termination of service as a director."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Reece Joseph E

(Last)(First)(Middle)
864 SPRING STREET NW

(Street)
ATLANTA GEORGIA 30308

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NCR Atleos Corp [ NATL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units(1)(2)06/30/2026A1,325 (3) (3)Common Stock1,325$43.4112,463D
Explanation of Responses:
1. 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.
2. The phantom stock units are converted into common stock on a one-for-one basis.
3. The phantom stock units become payable in common stock following the reporting person's termination of service as a director.
/s/ Leah Singleton, Attorney-in-Fact07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did NCR Atleos (NATL) director Joseph E. Reece report on this Form 4?

He reported receiving 1,325 Phantom Stock Units as director compensation. These units are tied to NCR Atleos common stock and represent a deferred form of his quarterly cash retainer, increasing his total reported phantom units to 12,463 after the transaction.

How are Joseph E. Reece’s Phantom Stock Units at NCR Atleos (NATL) valued?

The 1,325 Phantom Stock Units were valued at $43.41 per unit on the grant date. Because each unit corresponds one-for-one with NCR Atleos common stock, their value moves with the share price until they are ultimately settled in stock.

When will NCR Atleos (NATL) director Joseph E. Reece receive the common stock for these units?

The Phantom Stock Units become payable in NCR Atleos common stock after his service as a director ends. Until then, they remain as deferred units that mirror the underlying stock, aligning his compensation with long-term company performance.

What is the purpose of the Phantom Stock Units granted to the NCR Atleos (NATL) director?

The units were granted under the NCR Atleos Director Compensation Program as part of his quarterly cash retainer. He elected to defer that cash into Phantom Stock Units, effectively converting current cash compensation into deferred equity-linked compensation in the company.

How many Phantom Stock Units does Joseph E. Reece hold after this NCR Atleos (NATL) transaction?

After receiving 1,325 additional Phantom Stock Units, he holds a total of 12,463 units. These units will eventually be converted into an equal number of NCR Atleos common shares following the end of his service on the company’s board.