Sterrett Kelli 4

What Happened

• Kelli Sterrett, EVP, General Counsel & Secretary of NCR Voyix (VYX), had 20,259 restricted stock units vest on March 15, 2026 and those RSUs converted into 20,259 common shares (reported as derivative conversion). To cover tax withholding, 9,724 of the newly issued shares were withheld at $6.50 per share for a withholding value of $63,206. Net shares delivered to Sterrett after withholding: 10,535 shares (20,259 − 9,724), with an approximate net value of $68,477.50 using the $6.50 per-share figure.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 16, 2026 (timely).
• Reported entries/codes: M = conversion/exercise of derivative (RSU vesting into shares); F = shares withheld for tax withholding.
• Shares acquired via vesting: 20,259 shares at $0.00 exercise price (RSUs converted).
• Shares withheld/disposed for taxes: 9,724 shares at $6.50 = $63,206.
• Net shares retained: 10,535 shares; gross vesting value (based on $6.50) ≈ $131,684.
• Shares owned following the transaction: not disclosed in the provided filing data.
• Footnotes: F1 notes the shares reflect RSUs that vested on March 15, 2026; F2 notes shares were withheld to satisfy tax withholding obligations.

Context

• This was not an open-market buy or sale signaling a trading decision; it was the routine vesting and settlement of restricted stock units (no cash exercise required). The withholding of shares to cover taxes is a common administrative step and does not by itself indicate a change in insider sentiment.