OLIVER TIMOTHY CHARLES 4

What Happened

• Timothy C. Oliver, President & CEO and a director of NCR Atleos (NATL), converted/exercised vested derivative awards on January 30, 2026. The conversion/acquisition line shows 28,817 shares at $38.11 each (value $1,098,216).
• Several disposition lines relate to the same event: 12,997 shares were disposed to cover tax withholding ($495,316), 25,026 shares were surrendered/disposed to the issuer ($953,741), and another 28,817 shares were reported disposed ($1,098,216). These entries reflect conversion/exercise and immediate withholding/surrender/sale activity rather than an open-market purchase.

Key Details

• Transaction date: January 30, 2026; Form 4 filed February 2, 2026 (timely filing).
• Prices and values reported: conversion/acquisition 28,817 @ $38.11 = $1,098,216; dispositions — 12,997 @ $38.11 = $495,316; 25,026 @ $38.11 = $953,741; 28,817 @ $38.11 = $1,098,216.
• Transaction codes: M = exercise/conversion of derivative; F = tax withholding; D = disposition to the issuer.
• Shares owned following the reported transactions: not specified in the data you provided.
• Footnotes: F1 — performance was certified by the NCR Voyix Compensation & Human Resource Committee on Jan 29, 2026; F2 — reflects vesting of performance-based restricted stock units that vested Dec 31, 2025.

Context

• This appears to be a conversion/settlement of performance-based awards (RSUs or similar) that vested and were certified, with shares withheld/surrendered to cover tax and issuer obligations rather than a straightforward open-market sale or purchase. Such withholding/surrender transactions are common when awards vest and do not by themselves indicate a change in the insider’s view of the company.