|4Feb 27, 9:44 AM ET

Thomson Michael M 4

Research Summary

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Updated

UNISYS (UIS) CEO Michael M. Thomson Surrenders 43,360 Shares for Taxes

What Happened

  • Michael M. Thomson, President & CEO of Unisys Corp (UIS), disposed of 43,360 shares on 2026-02-24 to satisfy a tax liability tied to an equity award/option. The shares were valued at $2.13 each, totaling $92,357.
  • This was a tax-withholding disposition (transaction code F), not an open-market sale—a routine administrative step after an exercise or vesting rather than a directional trade.

Key Details

  • Transaction date: 2026-02-24; Filing date: 2026-02-27 (Form 4 accession 0001193125-26-079711).
  • Price per share: $2.13; Total value: $92,357.
  • Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered).
  • Shares owned after the transaction: not specified in the provided filing summary.
  • No 10b5-1 plan or other special plan was noted in the provided data; timeliness (late/on-time) not specified beyond the filing date.

Context

  • For retail investors: tax-withholding dispositions are routine and typically do not signal the insider’s view of the company’s prospects. They simply cover taxes owed after options are exercised or restricted stock vests.
  • This is a disposal to cover taxes (cashless/withholding-style), not an active sell in the open market indicating liquidity-driven selling.