Tadele Beimnet 4
Research Summary
AI-generated summary
NCR Voyix (VYX) EVP Tadele Beimnet Receives 12,156 Shares
What Happened
- Tadele Beimnet, EVP & President, Restaurants at NCR Voyix (VYX), had 12,156 restricted stock units convert to common shares on March 15, 2026. The conversion shows an exercise/conversion at $0.00 (no cash paid). Of those shares, 3,912 were withheld to satisfy tax withholding at $6.50 per share (total value withheld $25,428), leaving a net of 8,244 shares delivered to Beimnet. This was a routine vesting/award event rather than an open-market buy or sell.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 16, 2026 (next-day filing).
- Reported entries: M = exercise/conversion of derivative (conversion of RSUs into shares); F = shares withheld for tax withholding.
- Share counts and values: 12,156 shares vested; 3,912 shares withheld at $6.50 each = $25,428; net 8,244 shares to insider.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 notes the restricted stock units vested on March 15, 2026; F2 confirms shares were withheld to cover tax withholding obligations.
- Filing status: appears timely based on filing date (no late-filing flag provided).
Context
- This is a standard RSU vesting and tax-withholding transaction (not a market purchase or sale). The $0.00 exercise/conversion price indicates the shares resulted from vested awards rather than a paid option exercise. Withheld shares to cover taxes are common and do not, by themselves, indicate insider market sentiment.