Unisys Corp (NYSE: UIS) awards 58,529 time-based RSUs to chief people officer
Rhea-AI Filing Summary
Bundy David J. reported acquisition or exercise transactions in this Form 4 filing.
Unisys Corp reported an equity compensation grant to David J. Bundy, its SVP and Chief People Officer. Bundy received 58,529 time-based restricted stock units on August 3, 2026 at a reference price of $2.99 per share. These TB‑RSUs vest in three equal installments, with 1/3 vesting on each anniversary of the grant date over a three‑year period. Following this award, Bundy directly holds 99,012 shares of Unisys common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 58,529 shares
Net Buy
1 txn
Insider
Bundy David J.
Role
SVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 58,529 | $2.99 | $175K |
Holdings After Transaction:
Common Stock — 99,012 shares (Direct)
Footnotes (1)
- F1. Time-based restricted stock units (TB-RSUs") granted on August 3, 2026 under the Unisys Corporation 2024 Long-Term Incentive and Equity Compensation Plan. The TB RSUs vest 1/3 on each anniversary of the grant date over a three-year period.
Key Figures
RSUs granted: 58,529 units
Grant price: $2.99 per share
Shares after transaction: 99,012 shares
3 metrics
RSUs granted
58,529 units
Time-based restricted stock units granted on August 3, 2026
Grant price
$2.99 per share
Per-share value associated with TB‑RSU grant
Shares after transaction
99,012 shares
Total Unisys common stock directly held by Bundy following grant
Key Terms
Time-based restricted stock units, vest, Long-Term Incentive and Equity Compensation Plan
3 terms
Time-based restricted stock units financial
"Time-based restricted stock units (TB-RSUs") granted on August 3, 2026"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
vest financial
"The TB RSUs vest 1/3 on each anniversary of 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.
Long-Term Incentive and Equity Compensation Plan financial
"under the Unisys Corporation 2024 Long-Term Incentive and Equity Compensation Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Unisys (UIS) grant to David J. Bundy?
Unisys granted 58,529 time-based restricted stock units (TB‑RSUs) to David J. Bundy, SVP and Chief People Officer, on August 3, 2026. The award was made under the 2024 Long-Term Incentive and Equity Compensation Plan at a reference price of $2.99 per share.
How do the new TB-RSUs granted by Unisys (UIS) to Bundy vest?
The 58,529 TB‑RSUs granted to Bundy vest over three years. The units vest 1/3 on each anniversary of the August 3, 2026 grant date, resulting in three equal annual installments, contingent on the award’s standard vesting conditions.
Was the Unisys (UIS) equity award to Bundy a market purchase or a compensation grant?
The filing characterizes the transaction as a grant or award acquisition, not a market purchase. Code “A” and the footnote describe it as time-based restricted stock units granted under the 2024 Long-Term Incentive and Equity Compensation Plan.