Thomson Michael M 4
Research Summary
AI-generated summary
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.