NCR Voyix (VYX) director Laura Miller receives 26,573 RSU grant, holds 62,478 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Laura Marie reported acquisition or exercise transactions in this Form 4 filing.
NCR Voyix Corp director Laura Marie Miller received an equity grant in the form of restricted stock units. She was awarded 26,573 shares of common stock on a grant/award basis at no cash cost under the non-employee Director Compensation Program. These RSUs vest on the first anniversary of the grant date, contingent on her continued board service. She elected to defer delivery of the underlying common shares until her service as a director ends. After this grant, she directly holds 62,478 shares of NCR Voyix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Laura Marie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,573 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 62,478 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 26,573 shares
Grant price: $0.00 per share
Post-transaction holdings: 62,478 shares
+1 more
4 metrics
RSU grant size
26,573 shares
Restricted stock units granted to director on grant date
Grant price
$0.00 per share
Equity award under Director Compensation Program
Post-transaction holdings
62,478 shares
Common stock directly owned after RSU grant
Vesting schedule
1-year cliff
RSUs vest on first anniversary of grant date
Key Terms
restricted stock units ("RSUs"), non-employee director compensation program, Director Compensation Program
3 terms
restricted stock units ("RSUs") financial
"Reflects a grant of restricted stock units ("RSUs") pursuant to the Issuer's non-employee director compensation program"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
non-employee director compensation program financial
"pursuant to the Issuer's non-employee director compensation program ("Director Compensation Program")"
Director Compensation Program financial
"The reporting person elected to defer receipt of the Issuer's common stock underlying the RSUs in accordance with the terms of the Director Compensation Program."
FAQ
What did NCR Voyix (VYX) director Laura Marie Miller report in this Form 4?
Laura Marie Miller reported receiving 26,573 restricted stock units as a grant under NCR Voyix’s non-employee Director Compensation Program. The award was at no cash cost and increases her direct holdings to 62,478 common shares after the transaction.
Is the Laura Marie Miller Form 4 for NCR Voyix (VYX) a stock purchase or a grant?
The Form 4 reflects a stock grant, not an open-market purchase. Miller received 26,573 restricted stock units as director compensation at a price of $0.00 per share, consistent with a non-employee director equity award program.
When do Laura Marie Miller’s NCR Voyix (VYX) RSUs vest?
The restricted stock units vest on the first anniversary of the grant date, subject to Miller’s continued service as a director. This means she must remain on the NCR Voyix board through that one-year mark for the RSUs to fully vest.
Did Laura Marie Miller defer her NCR Voyix (VYX) RSU payout?
Yes. Miller elected to defer receipt of the NCR Voyix common stock underlying her 26,573 restricted stock units. Under the Director Compensation Program, she will receive the common shares only after her service as a director ends.
What is the nature of the NCR Voyix (VYX) Director Compensation Program mentioned in the Form 4?
The Director Compensation Program provides equity-based pay to non-employee directors through restricted stock units. Miller’s 26,573 RSU grant was made under this program and vests after one year of continued board service, with share delivery deferred until service termination.