Unisys (NYSE: UIS) CFO Debra McCann reports tax-withholding share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unisys Corp executive Debra McCann reported a tax-related share disposition. On this Form 4, the EVP & CFO disposed of 24,864 shares of Unisys common stock at a price of $2.13 per share through a tax-withholding transaction, rather than an open-market sale.
After this transaction, McCann directly owns 369,970 shares of Unisys common stock. The code "F" and description indicate the shares were used to satisfy an exercise price or tax liability by delivering securities, a common administrative step tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCann Debra
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 24,864 | $2.13 | $53K |
Holdings After Transaction:
Common Stock — 369,970 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Unisys (UIS) report for Debra McCann?
Unisys reported that EVP & CFO Debra McCann disposed of 24,864 common shares. The transaction used code F, meaning shares were delivered to cover an exercise price or tax liability, not sold in an open-market trade, and was reflected as a tax-withholding disposition.
Was Debra McCann’s Unisys (UIS) Form 4 transaction an open-market sale?
No, the Form 4 shows a code F tax-withholding disposition, not an open-market sale. Shares were delivered at $2.13 per share to satisfy an exercise price or tax obligation related to equity compensation, which is a routine administrative transaction for executives.
What does transaction code F mean in the Unisys (UIS) Form 4 for Debra McCann?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Unisys filing, it shows McCann’s 24,864-share disposition was for tax-withholding or exercise costs, distinguishing it from a voluntary open-market purchase or sale of common stock.