Poggenpohl Teresa 4
Research Summary
AI-generated summary
Unisys SVP Teresa Poggenpohl Receives 185,186-Share Award
What Happened
Teresa Poggenpohl, Senior Vice President & Chief Marketing Officer of Unisys (UIS), was granted 185,186 shares (reported as an award, code A) and concurrently had 6,125 shares disposed to satisfy tax withholding (code F). The withheld shares were reported in two dispositions: 3,184 shares at $2.43 each ($7,737) on 2026-02-26, and 2,941 shares at $2.43 each ($7,147) on 2026-02-27, for a combined withholding value of $14,884. The award itself is reported at $0.00 per share in the filing (typical for equity grants).
Key Details
- Dates and prices:
- 2026-02-26: 3,184 shares withheld at $2.43 (F) — $7,737
- 2026-02-27: 2,941 shares withheld at $2.43 (F) — $7,147
- 2026-02-27: 185,186 shares granted at $0.00 (A)
- Total shares surrendered for tax withholding: 6,125; total withholding value: $14,884.
- Codes explained: A = award/grant (acquisition); F = disposition to cover tax withholding (not an open-market sale).
- Shares owned after the transaction: not specified in the provided data.
- Filing: Form 4 filed 2026-03-02 covering transactions dated Feb 26–27, 2026 (no late-filing flag provided in the summary data).
Context
This looks like a standard equity grant with shares withheld to cover required taxes (a common post-grant, net-settlement action). The withheld shares were disposals for tax purposes, not open-market sales, so they do not necessarily signal a change in the insider’s market view. For retail investors, awards indicate compensation alignment with equity performance, while the withholding is routine.
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