Brown David Lawrence 4
Research Summary
AI-generated summary
Unisys (UIS) VP/Controller David Brown Receives 77,161-Share Award
What Happened
- David Lawrence Brown, Vice President, Chief Accounting Officer and Corporate Controller of Unisys Corp (UIS), received a grant of 77,161 shares (code A) on 2026-02-27.
- On 2026-02-26, 1,641 shares were disposed under code F (payment of exercise price or tax liability) at $2.43 per share for total proceeds/withholding of $3,988. The grant shows an acquisition price of $0.00 per share (typical for restricted stock/awards).
Key Details
- Transaction dates and prices:
- 2026-02-26: 1,641 shares disposed (code F) @ $2.43 = $3,988 (tax/payment withholding).
- 2026-02-27: 77,161 shares acquired (code A) @ $0.00 = $0 (award/grant).
- Shares owned after the transactions: not disclosed in the information provided in this summary.
- Footnotes/notes: code F indicates shares were surrendered/withheld to satisfy tax or exercise obligations; code A indicates a grant/award (no out-of-pocket purchase).
- Filing timeliness: Form 4 filed 2026-03-02. Based on the Feb 26–27 transaction dates and business-day reporting rules, the filing appears timely.
Context
- This was not an open-market purchase; the 77,161-share entry is an award/grant, and the smaller 1,641-share disposal reflects tax withholding/settlement common with stock awards. Such awards reflect company compensation actions rather than a direct market endorsement or sale by the insider.
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