secwatch.observer — SEC 8-K summary
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Issuer:     NCR Voyix Corp (VYX)
CIK:        0000070866
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0000070866-24-000038
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NCR Voyix grants PBRSUs to execs with stock price thresholds $22-$26
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- CEO David Wilkinson gets 208,478 PBRSUs; CFO, Exec Chair, others get 104,239 each.
- PBRSUs cliff vest Nov 8, 2027 if 20-day avg stock price hits $22 for 20 consecutive days.
- Payout accelerates to 125% at $24 and 150% at $26, with linear interpolation between thresholds.
- Grants tied to ongoing transformation including sale of digital banking segment and hardware restructuring.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70866/000007086624000038/0000070866-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70866/000007086624000038/ncr-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000070866-24-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer