Insider Selling Spree at Unisys Corp: A Sign of Internal Uncertainty?
On February 24 2026, SVP & CMO Teresa Poggenpohl sold 9,010 shares of Unisys Corp at $2.13 each, reducing her post‑transaction holdings to 153,508 shares. While the trade size is modest relative to her stake, it joins a wave of selling by senior executives that day—VP‑level leaders such as David Lawrence, Shalabh Gupta, and CFO Debra McCann all off‑loaded shares. The overall volume of insider sales on that day totaled more than 120,000 shares, a significant outflow when the stock was trading just above its 52‑week low of $2.11.
What Could the Selling Mean for the Business? Insider sales are often interpreted as a signal that executives lack confidence in short‑term upside, especially when coupled with a sharp decline in price momentum (the shares fell 7.27 % in the week and 17.19 % in the month). Yet, the price per share in these trades ($2.13) is virtually unchanged from the market close, and the company’s earnings are negative (P/E of –0.46), indicating that valuation pressure is already baked into the stock. The recent earnings report, which highlighted a continued loss base and a weak revenue outlook, may have prompted executives to realize gains before further dilution or earnings deterioration.
Investor Take‑away: Caution or Opportunity? For shareholders, the pattern of insider selling—especially by the CEO, CFO, and SVPs—raises a red flag about the company’s near‑term prospects. However, the volume remains small relative to the total shares outstanding, and the stock’s market cap is only $151 million, so the impact on liquidity is limited. Investors might view the sales as a warning sign, but also as an opportunity to buy on a low if they believe the company’s restructuring initiatives (e.g., refocusing on core IT services) will eventually turn the corner. As always, a careful review of the upcoming guidance and the company’s cash burn rate is essential before making a decision.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-24 | Poggenpohl Teresa (SVP & CMO) | Sell | 9,010.00 | 2.13 | Common Stock |
| 2026-02-24 | Brown David Lawrence (VP, CAO, Corporate Controller) | Sell | 3,507.00 | 2.13 | Common Stock |
| 2026-02-24 | Gupta Shalabh (VP, Tax & Treasurer) | Sell | 4,810.00 | 2.13 | Common Stock |
| 2026-02-24 | Prohl Kristen (SVP, GC, Secretary & CAO) | Sell | 12,949.00 | 2.13 | Common Stock |
| 2026-02-24 | McCann Debra (EVP & CFO) | Sell | 24,864.00 | 2.13 | Common Stock |
| 2026-02-24 | Thomson Michael M (President & CEO) | Sell | 43,360.00 | 2.13 | Common Stock |
| N/A | Thomson Michael M (President & CEO) | Holding | 7,519.00 | N/A | Common Stock |
| 2026-02-24 | Raper Joel (SVP & Chief Comm. Off) | Sell | 5,515.00 | 2.13 | Common Stock |
| 2026-02-24 | Kulhari Ruchi (SVP & CHRO) | Sell | 7,710.00 | 2.13 | Common Stock |
| 2026-02-24 | Arrasmith Christopher (EVP & COO) | Sell | 15,915.00 | 2.13 | Common Stock |
