Reece Joseph E 4

What Happened Joseph E. Reece, a director of NCR Atleos Corp (NATL), was granted/acquired 1,205 shares (recorded as a derivative award) on 2026-03-31 at a reported value of $43.58 per share, totaling $52,514. This award represents deferred director compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; reported on Form 4 filed 2026-04-02 (no late filing indicated).
• Price/value: $43.58 per share; total reported value $52,514.
• Transaction type/code: A — grant/award (derivative phantom stock units converted 1-for-1 to common stock).
• Shares owned after transaction: Not specified in the public filing.
• Footnotes (summary):
  • F1: Shares were issued under the NCR Atleos Director Compensation Program as deferred quarterly cash retainer elected to be received as common stock after termination.
  • F2: Phantom stock units convert to common stock on a one-for-one basis.
  • F3: Phantom units become payable in common stock following the director’s termination of service.

Context These units are a form of deferred compensation (phantom stock) that will convert to common shares and be delivered after the director leaves service; they do not represent an immediate open-market purchase or sale. Such director compensation grants are routine and do not by themselves signal insider buying or selling intent.