Hornfeck Traci 4
Research Summary
AI-generated summary
NCR Atleos (NATL) Chief Accounting Officer Traci Hornfeck Receives RSU Award
What Happened
Traci Hornfeck, Chief Accounting Officer of NCR Atleos Corp (NATL), received a grant of 8,977 restricted stock units (RSUs) on March 10, 2026. The grant is reported at a per‑share value of $44.56, for a total reported value of $400,015. This was an award (grant), not an open‑market purchase or sale.
Key Details
- Transaction date: March 10, 2026; filing date: March 12, 2026.
- Grant type/code: Award/Grant (A) — time‑based restricted stock units (RSUs).
- Amount: 8,977 RSUs; reported price/value: $44.56 per share; total value: $400,015.
- Vesting: 25% vest on Feb 16, 2027; 25% on Feb 16, 2028; 50% on Feb 16, 2029, contingent on continued employment (see footnote F1).
- Shares owned after transaction: not disclosed in this filing.
- No indication this filing was late; this appears to be a standard compensation grant, not a tax withholding or sale.
Context
RSU grants are compensation awards that vest over time and do not reflect an immediate cash purchase or sale by the insider. They generally indicate company compensation practices rather than a direct buy/sell signal; vesting is contingent on continued employment through the listed vesting dates.