McCann Debra 4
Research Summary
AI-generated summary
Unisys (UIS) CFO Debra McCann Receives 349,795-Share Award
What Happened
- Debra McCann, Executive Vice President & Chief Financial Officer of Unisys (UIS), received a grant of 349,795 shares (transaction code A) on 2026-02-27. To satisfy tax/withholding obligations (transaction code F), a total of 26,104 shares were surrendered: 11,839 shares on 2026-02-26 and 14,265 shares on 2026-02-27, each reported at $2.43 per share for aggregate reported proceeds of $28,769 and $34,664 (combined $63,433). The grant itself is recorded at $0 per share in the filing (typical for restricted stock/RSU awards).
Key Details
- Transaction dates and prices:
- 2026-02-26: 11,839 shares withheld at $2.43/share (value $28,769) — code F (payment of exercise price or tax liability)
- 2026-02-27: 14,265 shares withheld at $2.43/share (value $34,664) — code F
- 2026-02-27: 349,795 shares granted at $0.00/share — code A (award/grant)
- Report filed with the SEC on 2026-03-02 for transactions on 2026-02-26 and 2026-02-27; timing appears to be within the normal Form 4 reporting window (filed promptly).
- Shares owned after the transactions: not disclosed in the information provided in this summary.
- Notable footnote: the F code indicates shares were surrendered/withheld to satisfy tax or exercise-price obligations; these are not open-market sales.
Context
- The A-code award is an acquisition (typically an RSU or restricted stock grant) and is different from a market purchase — it reflects compensation, not a personal cash investment. The withheld shares (F) were used to cover taxes or exercise costs and do not necessarily indicate a decision to monetize shares on the open market.
- For retail investors: awards and related withholding are common executive compensation events. Purchases (insider buys) are often watched more closely for bullish signals; this filing primarily documents a compensation grant and routine tax withholding.
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