[Form 4] NCR Atleos Corp Insider Trading Activity
Reece Joseph E, a director of NCR Atleos Corp (NATL), reported a Section 16 transaction dated 09/30/2025 in which 1,336 phantom stock units were acquired under the company’s Director Compensation Program in lieu of a quarterly cash retainer.
Those phantom units convert one-for-one into common stock and are payable as common shares only upon the reporting person’s termination of director service. After the reported transaction the filing shows the reporting person beneficially owns 8,555 shares (direct). The filing lists a per-share reference price of $39.31 associated with the units.
Reece Joseph E, un direttore di NCR Atleos Corp (NATL), ha riportato una transazione di Sezione 16 in data 09/30/2025 in cui sono state acquisite 1,336 unità azionarie fantasma nell'ambito del programma di compensazione dei direttori dell'azienda in sostituzione di una retribuzione in contanti trimestrale.
Queste unità fantasma si convertono one-for-one in azioni ordinarie e sono pagabili come azioni comuni solo al momento della cessazione del servizio del direttore che segnala. Dopo la transazione riportata, il soggetto che segnala detiene direttamente 8,555 azioni. La dichiarazione riporta un prezzo di riferimento per azione di $39.31 associato alle unità.
Reece Joseph E, director de NCR Atleos Corp (NATL), informó una transacción de la Sección 16 con fecha 09/30/2025 en la que se adquirieron 1,336 unidades de acciones fantasma bajo el Programa de Compensación de Directores de la empresa en lugar de una remuneración trimestral en efectivo.
Esas unidades fantasma se convierten one-for-one en acciones comunes y se pagan como acciones comunes solo al momento de la terminación del servicio como director. Tras la transacción reportada, la persona que presenta el informe posee beneficiosamente 8,555 acciones (directas). La presentación indica un precio de referencia por acción de $39.31 asociado a las unidades.
Reece Joseph E, NCR Atleos Corp (NATL)의 이사로서 09/30/2025로 날짜가 표기된 Section 16 거래를 보고했으며, 회사의 이사 보상 프로그램에 따라 분기 현금 재정보상 대신 1,336 주의 팬텀 주식 단위가 취득되었습니다.
그 팬텀 주식 단위는 one-for-one로 일반 주식으로 전환되며, 보고자가 이사직 서비스를 종료할 때에만 일반 주식으로 지급됩니다. 보고된 거래 이후에 보고자는 8,555 주를 직접 보유하는 것으로 나타납니다. 단위와 관련된 주당 기준 가격은 $39.31로 기재되어 있습니다.
Reece Joseph E, directeur de NCR Atleos Corp (NATL), a signalé une transaction de la Section 16 datée du 09/30/2025 dans laquelle 1,336 unités d'actions fantômes ont été acquises dans le cadre du programme de rémunération des administrateurs de l'entreprise en remplacement d'un versement trimestriel en espèces.
Ces unités fantômes se convertissent one-for-one en actions ordinaires et ne sont payables en actions ordinaires que lors de la fin du service du directeur signataire. Après la transaction signalée, le déclarant détient directement 8,555 actions. Le dépôt indique un prix de référence par action de $39.31 associé aux unités.
Reece Joseph E, ein Direktor von NCR Atleos Corp (NATL), meldete eine Section-16-Transaktion vom 09/30/2025, bei der 1,336 Phantomaktien im Rahmen des Director Compensation Programs des Unternehmens erworben wurden, anstelle einer vierteljährlichen Bargeldvergütung.
Diese Phantomaktien wandeln sich one-for-one in Stammaktien um und werden als Stammaktien nur bei Beendigung des Direktorendienstes des meldenden Persons zahlbar. Nach der gemeldeten Transaktion besitzt die meldende Person direkt 8,555 Aktien. Die Einreichung vermerkt einen pro-Aktie Referenzpreis von $39.31 im Zusammenhang mit den Einheiten.
Reece Joseph E، مدير في NCR Atleos Corp (NATL)، أبلغ عن معاملة من القسم 16 بتاريخ 09/30/2025 حيث تم اكتساب 1,336 وحدة أسهم وهمية وفقاً لبرنامج تعويض المدراء بالشركة بدلاً من بدل نقدي ربع سنوي.
تتحول هذه الوحدات الوهمية one-for-one إلى أسهم عادية وتُدفع كأوراق أسهم عادية فقط عند إنهاء خدمة الشخص المبلغ عنه كمدير. بعد المعاملة المذكورة، يبدو أن الشخص المبلغ يمتلك بشكل مباشر 8,555 سهماً. وتورد المستندة سعر مرجعي للسهم قدره $39.31 مربوط بالوحدات.
Reece Joseph E, NCR Atleos Corp (NATL) 的董事，报告了一项 09/30/2025 的 Section 16 交易，在该交易中根据公司的董事报酬计划获得了 1,336 单份幻影股票单位，以代替季度现金固定费。
这些幻影单位将以 one-for-one 的比例转换为普通股，只有在报告人终止董事服务时才以普通股形式支付。交易后，报告人直接持有 8,555 股。文件列出与单位相关的每股参考价格为 $39.31。
- 1,336 phantom stock units acquired under the Director Compensation Program
- Reporting person’s beneficial ownership totals 8,555 shares following the transaction
- Deferral converts cash retainer into equity-linked units, aligning director pay with shareholder value
- Phantom units are payable in common stock only upon termination, so they are not immediate, transferable shares
- The reported $39.31 reference price indicates valuation exposure but does not represent cash realized by the director now
Insights
Director deferred cash retainer into phantom units that convert to stock at termination.
The filing shows a director-elected deferral under the Director Compensation Program, acquiring 1,336 phantom stock units on 09/30/2025. These units are contractual compensation rather than immediate stock issuance and convert one-for-one into common stock only upon termination of service.
This structure aligns director compensation with shareholder value over the long term but means the reported 1,336 units do not represent current transferable shares; they increase beneficial ownership to 8,555 only in the event of conversion.
Compensation was deferred into equity-linked units valued at about $39.31 each.
The report lists a per-unit reference of $39.31, implying the deferred quarterly retainer was converted to 1,336 phantom units. Phantom units mirror equity economics on conversion but typically lack voting or transfer rights until settled.
This is a common practice to conserve cash and retain directors; the units become payable in common stock upon termination, per the filing.
Reece Joseph E, un direttore di NCR Atleos Corp (NATL), ha riportato una transazione di Sezione 16 in data 09/30/2025 in cui sono state acquisite 1,336 unità azionarie fantasma nell'ambito del programma di compensazione dei direttori dell'azienda in sostituzione di una retribuzione in contanti trimestrale.
Queste unità fantasma si convertono one-for-one in azioni ordinarie e sono pagabili come azioni comuni solo al momento della cessazione del servizio del direttore che segnala. Dopo la transazione riportata, il soggetto che segnala detiene direttamente 8,555 azioni. La dichiarazione riporta un prezzo di riferimento per azione di $39.31 associato alle unità.
Reece Joseph E, director de NCR Atleos Corp (NATL), informó una transacción de la Sección 16 con fecha 09/30/2025 en la que se adquirieron 1,336 unidades de acciones fantasma bajo el Programa de Compensación de Directores de la empresa en lugar de una remuneración trimestral en efectivo.
Esas unidades fantasma se convierten one-for-one en acciones comunes y se pagan como acciones comunes solo al momento de la terminación del servicio como director. Tras la transacción reportada, la persona que presenta el informe posee beneficiosamente 8,555 acciones (directas). La presentación indica un precio de referencia por acción de $39.31 asociado a las unidades.
Reece Joseph E, NCR Atleos Corp (NATL)의 이사로서 09/30/2025로 날짜가 표기된 Section 16 거래를 보고했으며, 회사의 이사 보상 프로그램에 따라 분기 현금 재정보상 대신 1,336 주의 팬텀 주식 단위가 취득되었습니다.
그 팬텀 주식 단위는 one-for-one로 일반 주식으로 전환되며, 보고자가 이사직 서비스를 종료할 때에만 일반 주식으로 지급됩니다. 보고된 거래 이후에 보고자는 8,555 주를 직접 보유하는 것으로 나타납니다. 단위와 관련된 주당 기준 가격은 $39.31로 기재되어 있습니다.
Reece Joseph E, directeur de NCR Atleos Corp (NATL), a signalé une transaction de la Section 16 datée du 09/30/2025 dans laquelle 1,336 unités d'actions fantômes ont été acquises dans le cadre du programme de rémunération des administrateurs de l'entreprise en remplacement d'un versement trimestriel en espèces.
Ces unités fantômes se convertissent one-for-one en actions ordinaires et ne sont payables en actions ordinaires que lors de la fin du service du directeur signataire. Après la transaction signalée, le déclarant détient directement 8,555 actions. Le dépôt indique un prix de référence par action de $39.31 associé aux unités.
Reece Joseph E, ein Direktor von NCR Atleos Corp (NATL), meldete eine Section-16-Transaktion vom 09/30/2025, bei der 1,336 Phantomaktien im Rahmen des Director Compensation Programs des Unternehmens erworben wurden, anstelle einer vierteljährlichen Bargeldvergütung.
Diese Phantomaktien wandeln sich one-for-one in Stammaktien um und werden als Stammaktien nur bei Beendigung des Direktorendienstes des meldenden Persons zahlbar. Nach der gemeldeten Transaktion besitzt die meldende Person direkt 8,555 Aktien. Die Einreichung vermerkt einen pro-Aktie Referenzpreis von $39.31 im Zusammenhang mit den Einheiten.
FAQ
What did Reece Joseph E report on Form 4 for NATL?
Do the phantom stock units convert to NATL common stock?
How many shares does the reporting person beneficially own after the transaction?
What price is associated with the phantom units in the filing?
Was this Form 4 filed jointly or by one reporting person?
