Unisys (NYSE: UIS) VP logs 3,507-share tax withholding transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unisys Corporation executive David Lawrence Brown, VP, CAO and Corporate Controller, reported a tax-withholding share disposition related to equity compensation. On this Form 4, he disposed of 3,507 shares of common stock at $2.13 per share to cover tax liabilities. After this administrative transaction, he directly owned 46,357 Unisys common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown David Lawrence
Role
VP, CAO, Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,507 | $2.13 | $7K |
Holdings After Transaction:
Common Stock — 46,357 shares (Direct)
Footnotes (1)
FAQ
What did Unisys (UIS) executive David Brown report in this Form 4 filing?
David Brown reported a tax-withholding disposition of 3,507 Unisys common shares. The shares were applied to satisfy tax liabilities associated with equity compensation and were priced at $2.13 per share, leaving him with 46,357 directly owned shares.
Was the Unisys (UIS) Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld at $2.13 each to cover tax obligations tied to equity awards, a common administrative transaction for stock-based compensation.
What role does David Brown hold at Unisys (UIS) in this Form 4?
David Brown is identified as Vice President, Chief Accounting Officer, and Corporate Controller. The Form 4 reflects his personal direct holdings and a tax-withholding share disposition tied to his Unisys equity-based compensation.
What does transaction code "F" mean in the Unisys (UIS) Form 4?
Transaction code “F” indicates payment of a tax liability or exercise price by delivering securities. In this case, 3,507 Unisys common shares were withheld at $2.13 per share to satisfy David Brown’s tax obligations on equity compensation.