Unisys (NYSE: UIS) COO gets 339,507-share award, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unisys Corp executive Christopher Arrasmith, EVP & COO, reported several stock transactions. He received a grant or award of 339,507 shares of common stock at $0.00 per share. On the same and prior day, a total of 5,394 shares were disposed of at $2.43 per share to cover tax liabilities. After these transactions, he directly owned 514,919 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Arrasmith Christopher
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,539 | $2.43 | $6K |
| Grant/Award | Common Stock | 339,507 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,855 | $2.43 | $7K |
Holdings After Transaction:
Common Stock — 175,412 shares (Direct)
Footnotes (1)
FAQ
What did Unisys (UIS) EVP & COO Christopher Arrasmith report on this Form 4?
Christopher Arrasmith reported a large equity award and related tax share disposals. He received a grant of 339,507 Unisys common shares and disposed of smaller amounts to satisfy tax obligations, all reflected as direct holdings in his reported ownership.
Were any of Christopher Arrasmith’s Unisys (UIS) transactions open-market sales or buys?
The reported transactions were not open-market buys or sales. The Form 4 shows a grant or award acquisition and two “F” code disposals, which represent shares withheld or delivered to cover tax liabilities, not discretionary trading in the market.
What do the transaction codes A and F mean in this Unisys (UIS) Form 4?
Code A indicates a grant, award, or other acquisition of Unisys shares, here used for the 339,507-share award. Code F indicates shares disposed of to pay an exercise price or tax liability, explaining the smaller share disposals at $2.43 per share.