NCR Voyix Corp·4

Mar 16, 4:59 PM ET

Webb-Walsh Brian J. 4

Research Summary

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Updated

NCR Voyix CFO Brian Webb-Walsh Receives 27,012 Shares (Vested RSUs)

What Happened

  • Brian J. Webb-Walsh, Executive Vice President & Chief Financial Officer of NCR Voyix Corp (VYX), had 27,012 restricted stock units (RSUs) vest on March 15, 2026. The vesting resulted in the issuance/conversion of 27,012 shares (reported as derivative exercise/conversion, code M).
  • To satisfy tax withholding, 12,674 of those shares were withheld and reported as disposed (code F) at $6.50 per share, totaling $82,381. After withholding, the net shares delivered to Webb-Walsh were 14,338 shares.
  • The Form 4 shows both the acquisition/conversion and the withholding entries related to the vested RSUs; footnotes in the filing confirm these were vesting-related and the withheld shares covered tax obligations.

Key Details

  • Transaction date: March 15, 2026; Form 4 filed March 16, 2026 (timely filing).
  • Entries: M = exercise/conversion of derivative (27,012 shares at $0.00); F = tax withholding (12,674 shares at $6.50, $82,381).
  • Net shares delivered to insider: 14,338 (27,012 acquired minus 12,674 withheld).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: F1 — RSUs vested on March 15, 2026. F2 — Shares withheld to cover tax withholding obligations on vesting.

Context

  • This was a vesting of RSUs (an award), not an open-market purchase or sale. The withholding to cover taxes is a routine administrative step and not necessarily a bearish signal.
  • The filing lists derivative conversion and withholding entries; for retail investors, the key takeaway is the receipt of net shares from vested compensation rather than a stock purchase or sale for investment purposes.