Baker Mary Ellen 4
Research Summary
AI-generated summary
NCR Atleos (NATL) Director Mary Ellen Baker Receives RSU Award
What Happened
Mary Ellen Baker, a director of NCR Atleos Corp (NATL), was granted 4,351 restricted stock units (RSUs) on 2026-05-21 at an implied value of $44.82 per share, totaling $195,012. This was an equity award (code A) issued as part of director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (filed 5 days after the grant date). This appears to be outside the typical 2-business-day Form 4 reporting window.
- Grant details: 4,351 RSUs × $44.82 = $195,012 (implied grant value). Transaction code: A (award/grant).
- Vesting/conditions: The RSUs vest 12 months after the grant date, subject to Baker’s continued service as a director on the vesting date (per filing footnote).
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnote: These RSUs are the annual director equity grant under the NCR Atleos Director Compensation Program and vest after 12 months of continued service.
Context
This was a routine director compensation award, not a market purchase or sale. RSU awards are common for non-employee directors and do not indicate an immediate purchase or sale of shares; they convert to stock only upon vesting (assuming continued service). Routine grants are generally considered administrative compensation rather than a direct signal of insider sentiment.