[Form 3] NCR Voyix Corp Initial Statement of Beneficial Ownership
James Michael Wise, SVP & Chief Accounting Officer of NCR Voyix Corp (VYX), reported direct ownership of 5,671 shares of common stock and beneficial ownership of 19,048 restricted stock units (RSUs). The RSUs arise from three separate grants: one vests in three equal annual installments, a second was 50% vested with the remaining half to vest later, and a third vests in three equal annual installments; all RSUs convert one-for-one into common shares upon vesting.
- Direct equity ownership of 5,671 shares by a senior officer provides some alignment with shareholders
- Substantial RSU awards totaling 19,048 shares tie compensation to future company performance through time‑based vesting
- Vesting schedules are staggered across grants, indicating retention-focused equity design rather than immediate share dilution
- None.
Insights
TL;DR: Routine insider ownership disclosure showing modest direct holdings plus sizable time‑based equity awards aligning executive incentives.
The Form 3 is an initial ownership disclosure for a named officer and director. Direct holdings are small relative to typical company market caps, but the 19,048 RSUs represent deferred compensation that will convert to shares over multiple vesting periods. This is standard practice to retain and align senior accounting leadership with shareholder outcomes. No debt, option exercise prices, or sales are disclosed here.
TL;DR: Governance signal is neutral-positive—executive holds equity with multi-year vesting, indicating alignment without immediate dilution events.
The disclosure confirms the reporting person is an officer and director and holds equity primarily as RSUs with time-based vesting schedules. Such grants are common for retention and governance alignment. The filing contains no indications of accelerated vesting, transfers, or related-party transactions that would raise governance concerns.