VYX Form 4: EVP Sterrett RSU tax withholding reduced holdings to 32,470
Rhea-AI Filing Summary
NCR Voyix Corp insider transaction disclosure: Kelli Sterrett, EVP, General Counsel & Secretary of NCR Voyix Corp (VYX), reported a disposition of 4,170 shares of common stock on 08/29/2025 at an effective price of $13.18 per share. The filing states these shares were withheld to satisfy tax withholding obligations arising from the vesting of 9,361 restricted stock units on that date.
After the withholding, Ms. Sterrett beneficially owns 32,470 shares directly. The Form 4 is signed and dated 09/02/2025 and reflects a routine tax-related share withholding tied to equity compensation.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine tax withholding reduced an insider's shares; transaction is administrative and not a market signal.
The reported disposition of 4,170 shares at $13.18 per share corresponds to tax withholding for vested restricted stock units (9,361 RSUs). The remaining direct beneficial ownership is 32,470 shares. This type of Form 4 entry typically reflects compensation settlement mechanics rather than voluntary cash sales or timing-based insider trading. No derivatives or additional grants are disclosed in this filing.
TL;DR: Administrative equity settlement documented; governance practices appear standard based on disclosure.
The filing identifies the reporting person, her role as EVP, General Counsel & Secretary, and a clearly explained withholding to cover tax obligations from RSU vesting. The disclosure is timely and signed, satisfying Section 16 reporting requirements. There is no information in the filing indicating policy deviations, accelerated transactions, or related-party arrangements beyond the standard equity compensation withholding.
FAQ
What transaction did Kelli Sterrett (VYX) report on the Form 4?
Why were the shares disposed of according to the filing?
How many shares does the reporting person own after the transaction?
What is the reporting person's role at NCR Voyix Corp (VYX)?
When was the Form 4 signed and filed?