NCR Voyix (VYX) director Irv Henderson receives 26,573 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NCR Voyix Corp director Irv Henderson received an equity grant as part of his board compensation. He was awarded 26,573 restricted stock units under the company’s non-employee Director Compensation Program, recorded as an acquisition of common stock at a price of $0.00 per share.
The RSUs will vest on the first anniversary of the grant date, provided he continues serving as a director. Henderson has elected to defer settlement, so he will receive the underlying NCR Voyix common shares only after his board service ends. Following this award, he holds 54,854 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Henderson Irv
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,573 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,854 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 26,573 units
Grant price: $0.00 per share
Shares after transaction: 54,854 shares
+1 more
4 metrics
RSUs granted
26,573 units
Restricted stock units granted to director on grant date
Grant price
$0.00 per share
Recorded price per share for the RSU award
Shares after transaction
54,854 shares
Total direct holdings following the RSU grant
Vesting schedule
1-year vesting
RSUs vest on first anniversary of grant date
Key Terms
restricted stock units ("RSUs"), non-employee director compensation program, defer receipt, vest
4 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")"
defer receipt financial
"The reporting person elected to defer receipt of the Issuer's common stock underlying the RSUs"
vest financial
"The RSUs will vest on the first 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.
FAQ
What insider transaction did NCR Voyix (VYX) director Irv Henderson report?
Director Irv Henderson reported an acquisition of 26,573 restricted stock units. These RSUs were granted under NCR Voyix’s non-employee Director Compensation Program as equity compensation, not an open-market purchase, and are recorded at a grant price of $0.00 per share.
When do Irv Henderson’s NCR Voyix (VYX) RSUs vest?
The 26,573 restricted stock units granted to Irv Henderson vest on the first anniversary of the grant date. Vesting is conditional on his continued service as a director on the NCR Voyix board through that one-year period.
Are Irv Henderson’s NCR Voyix (VYX) RSUs settled immediately in stock?
No, Henderson elected to defer receipt of the NCR Voyix common stock underlying his RSUs. Under the Director Compensation Program, he will receive the shares only after his service as a director has terminated, delaying actual share delivery.
Is Irv Henderson’s NCR Voyix (VYX) Form 4 transaction a market purchase?
The transaction is not a market purchase; it is a compensation-related grant. The Form 4 shows an “A” code for an award of 26,573 restricted stock units at $0.00 per share under the non-employee Director Compensation Program.
What does the Director Compensation Program mean for NCR Voyix (VYX) directors?
The Director Compensation Program provides equity awards such as restricted stock units to non-employee directors. For Irv Henderson, it granted 26,573 RSUs that vest after one year of continued service and are settled in NCR Voyix common stock at the end of his board service.