Filing Analysis
Unisys Corporation filed an 8-K to furnish its quarterly news release containing financial results for the quarter ended June 30, 2026. This is a routine earnings announcement filing.
📋 Key Facts
- Report date: July 29, 2026
- Reporting period: Quarter ended June 30, 2026
- The filing includes Exhibit 99.1 (News Release) regarding results of operations and financial condition.
- Signed by Debra McCann, Executive Vice President and Chief Financial Officer.
Unisys Corporation announced a virtual Investor Day held on June 2, 2026, for institutional investors and analysts. The company furnished a presentation containing upwardly revised revenue guidance for full-year 2026 and medium-term financial targets.
📋 Key Facts
- Investor Day occurred on June 2, 2026, at 1:00 p.m. EDT.
- The company provided upwardly revised revenue guidance for the full year 2026.
- The filing includes medium-term financial targets in the furnished Exhibit 99.1.
- The information is furnished under Item 7.01 and is not deemed 'filed' under Section 18 of the Exchange Act.
Unisys Corporation reported its financial results for the first quarter ended March 31, 2026. The results were disclosed via a news release furnished as Exhibit 99.1 to the filing.
📋 Key Facts
- Filing date: May 5, 2026
- Reporting period: Quarter ended March 31, 2026
- The disclosure was made under Item 2.02 (Results of Operations and Financial Condition)
- The news release is furnished as Exhibit 99.1 and is not deemed 'filed' for Section 18 liability purposes
Unisys Corporation reported the results of its 2026 Annual Meeting, where shareholders elected ten directors and ratified Grant Thornton LLP as the independent auditor. The company also announced the appointment of Nathaniel A. Davis as Board Chair following the retirement of Peter Altabef, while a proposal to eliminate supermajority voting provisions failed to pass.
🚩 Red Flags
- High shareholder dissent for Director Matthew J. Desch (over 20 million 'Against' votes).
- Failure of the governance proposal to eliminate supermajority voting provisions.
📋 Key Facts
- Annual Meeting held on April 30, 2026, with 88.28% of shares represented.
- Nathaniel A. Davis appointed as independent Board Chair, replacing the retiring Peter Altabef.
- Director Matthew J. Desch received significant opposition with 20,582,467 votes against (approximately 37% of votes cast).
- Proposal to eliminate supermajority voting provisions failed to reach the required threshold despite 52,943,887 'For' votes.
- Grant Thornton LLP ratified as the independent registered public accounting firm for fiscal year 2026.
Unisys Corporation reported its financial results for the fourth quarter and full fiscal year ended December 31, 2025. Additionally, the company announced the date and record date for its 2026 Annual Meeting of Stockholders.
📋 Key Facts
- Financial results for the fiscal year ended December 31, 2025, were released on February 24, 2026.
- The 2026 Annual Meeting of Stockholders is scheduled for April 30, 2026, at 8:00 a.m. Eastern Time.
- The record date for stockholders entitled to vote at the Annual Meeting is March 2, 2026.
- The Annual Meeting will be held virtually via webcast.
Unisys Corporation filed an 8-K to report administrative corrections to its corporate governance documents. This includes a Certificate of Correction for the Charter due to an error in a previous filing and amendments to the Bylaws.
🚩 Red Flags
- Administrative error in previous Charter filing (May 9, 2025) required a formal Certificate of Correction.
📋 Key Facts
- Effective November 25, 2025, the Board approved Amended & Restated Bylaws.
- Bylaw amendment removes the mandatory retirement age provision (previously age 65) for officers.
- A Certificate of Correction was filed with the Delaware Secretary of State to fix an incorrect version of the Charter filed on May 9, 2025.
- The changes were described as being due to an 'administrative error'.
Unisys Corporation filed an 8-K to announce its financial results for the quarter ended September 30, 2025. The filing serves as a formal notice that a news release containing these results has been issued.
📋 Key Facts
- Report date: November 5, 2025
- Reporting period: Quarter ended September 30, 2025
- The financial results are provided via Exhibit 99.1 (News Release)
- Filed by Debra McCann, EVP and CFO
Unisys Corporation is hosting an investor conference call on October 9, 2025, to present information regarding its ClearPath Forward® ecosystem. The filing serves as a notice of upcoming non-binding investor communication.
📋 Key Facts
- Conference call scheduled for October 9, 2025, at 2 p.m. EDT.
- Purpose of the call is to educate investors about the ClearPath Forward® ecosystem.
- Presentation material provided as Exhibit 99.1 (Furnished, Not Filed).
Unisys Corporation filed an 8-K to announce the release of its financial results for the quarter ended June 30, 2025. The filing serves as a formal notification that earnings data has been furnished via a news release.
📋 Key Facts
- Report date: July 30, 2025
- Reporting period: Quarter ended June 30, 2025
- The filing includes Exhibit 99.1 (News Release) containing the financial results.
- Information under Item 2.02 is furnished but not 'filed' for purposes of Section 18 liability.
Unisys Corporation has amended and restated its bylaws to clarify director numbers, officer definitions, and compensation processes. Additionally, the company announced a conference call to discuss recent debt transactions and pension strategy updates.
🚩 Red Flags
- Discussion of 'recent debt transaction' and 'pension deficit' can sometimes signal liquidity management, though context suggests proactive optimization here.
📋 Key Facts
- Board approved amendment and restatement of Company's Bylaws effective July 23, 2025.
- Bylaw amendments clarify Board authority over director numbers and executive officer compensation.
- Company to host a conference call on July 24, 2025, at 2 p.m. EDT regarding pension strategy and debt transactions.
- Management will discuss a $250M discretionary pension contribution intended to reduce pension deficit and volatility.
Unisys Corporation announced a conference call scheduled for July 24, 2025, to provide updates regarding a recent debt transaction and a $250 million discretionary pension contribution. The company aims to discuss how these moves accelerate its pension strategy by reducing deficits and volatility.
🚩 Red Flags
- Significant cash outlay ($250M) for pension contributions may impact short-term liquidity, though framed as a strategic move to reduce long-term deficit/volatility.
📋 Key Facts
- Conference call scheduled for Thursday, July 24, 2025, at 2 p.m. EDT.
- The update will cover a recent debt transaction.
- A $250M discretionary pension contribution has been made to U.S. Qualified Defined Benefit Plans.
- Management intends to discuss changes in asset allocations within these plans.
Unisys Corporation has successfully completed a tender offer and consent solicitation for its 6.875% Senior Secured Notes due 2027, resulting in the satisfaction and discharge of the Indenture. The company utilized proceeds from a recent $700 million offering of 10.625% senior secured notes to fund the redemption.
🚩 Red Flags
- Refinancing higher-interest debt (6.875%) with significantly more expensive debt (10.625%), indicating a shift toward much higher cost of capital.
- The removal of restrictive covenants and release of collateral suggests the company is restructuring its debt profile, which can sometimes indicate pressure on credit terms.
📋 Key Facts
- 98.98% ($480,054,000) of the 6.875% Senior Secured Notes due 2027 were validly tendered in the consent solicitation/tender offer.
- The Supplemental Indenture eliminated substantially all restrictive covenants and certain events of default for the notes.
- All collateral securing the 2027 Notes has been released via the amendment.
- The company issued a notice of redemption for the entire outstanding principal amount, with a Redemption Date of November 1, 2025.
- Redemption was funded using proceeds from a $700,000,000 offering of 10.625% senior secured notes due 2031.
- The company deposited $5,117,000 in US government securities with the Trustee to cover the redemption price plus accrued interest.
Unisys Corporation completed the sale of $700.0 million in 10.625% senior secured notes due 2031. The offering includes a restructuring of existing credit facilities and new security interests over substantially all company assets.
🚩 Red Flags
- High interest rate (10.625%) on new senior secured debt suggests higher perceived credit risk by the market.
- Significant restrictive covenants in the Indenture regarding dividends, asset sales, and additional indebtedness.
- New liens placed on substantially all assets of the company and guarantors.
📋 Key Facts
- Completed sale of $700.0 million aggregate principal amount of 10.625% senior secured notes due 2031 on June 27, 2025.
- Notes are fully and unconditionally guaranteed by Unisys Holding Corporation, Unisys AP Investment Company I, and Unisys NPL, Inc.
- Interest rate is 10.625% payable semiannually on January 15 and July 15.
- The notes are secured by liens on substantially all assets of the company and its subsidiary guarantors (excluding certain excluded assets).
- Amended and Restated ABL Credit Facility maturity extended from October 2027 to June 2030.
- ABL facility limit is $125.0 million, with an accordion feature up to $155.0 million.
Unisys Corporation announced the pricing of a $700.0 million private offering of 10.625% Senior Secured Notes due 2031. The offering is intended for qualified institutional buyers and non-U.S. persons.
🚩 Red Flags
- High interest rate (10.625%) suggests significant cost of capital or increased risk premium demanded by lenders.
📋 Key Facts
- Aggregate principal amount: $700.0 million
- Interest rate: 10.625%
- Security type: Senior Secured Notes
- Maturity date: 2031
- Offering type: Private offering (not registered under the Securities Act of 1933)
- Announcement date: June 16, 2025
Unisys Corporation announced a tender offer to repurchase its 6.875% Senior Secured Notes due 2027, alongside a consent solicitation to amend indenture provisions. To fund this, the company intends to launch a $700 million private offering of new Senior Secured Notes due 2031.
🚩 Red Flags
- Debt refinancing/restructuring activity can indicate a desire to manage maturity profiles or interest rate exposure, but also increases total leverage if not managed carefully.
- The tender offer is conditional on the successful issuance of new debt, indicating potential liquidity management needs.
📋 Key Facts
- Commenced tender offer for all outstanding 6.875% Senior Secured Notes due 2027 (CUSIP Nos. 909214 BV9 and U90921 AF1).
- Conducting a consent solicitation to amend certain indenture provisions of the existing Notes.
- Intends to offer $700.0 million in aggregate principal amount of new Senior Secured Notes due 2031 via private offering.
- The tender offer is contingent upon the successful consummation of the new debt offering and sufficient net proceeds.
The provided text is a technical XBRL metadata dump rather than a narrative 8-K filing. It contains accounting tags, period dates (2021–2024), and segment identifiers but lacks any descriptive material event or management commentary.
🚩 Red Flags
- The input text is a raw data/XBRL dump, not a legible SEC filing narrative, making substantive analysis of material events impossible from this specific snippet.
📋 Key Facts
- Data includes financial reporting periods spanning from 2021 through 2024.
- Contains various segment identifiers: Digital Workspace Solutions, Cloud Applications and Infrastructure Services, and Enterprise Computing Solutions.
- Lists several debt-related tags including Senior Secured Notes due 2027.
- Includes significant accounting categories such as Deferred Tax Assets and Pension Plans.
Unisys Corporation held its Annual Meeting of Stockholders on May 8, 2025. The meeting resulted in the election of the full Board of Directors and approval of several charter amendments regarding officer liability and indemnification.
🚩 Red Flags
- Failure to pass the amendment to eliminate supermajority voting provisions (though it received a high majority of 'for' votes, it failed to meet the required threshold).
📋 Key Facts
- Annual Meeting held on May 8, 2025; 63,390,226 shares voted (89.19% of outstanding shares).
- All 11 director nominees were elected to serve until the 2026 annual meeting.
- Stockholders approved amendments to limit officer liability and clarify indemnification provisions, effective May 9, 2025.
- Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year 2025 was approved.
- Proposal to eliminate supermajority voting provisions was NOT approved (received 54,163,298 votes for).
- Advisory vote on 2024 Named Executive Officer Compensation was approved.
Unisys Corporation filed an 8-K to report its financial results for the quarter ended March 31, 2025. The filing serves as a formal announcement of the earnings release issued on April 30, 2025.
📋 Key Facts
- Reporting period: Quarter ended March 31, 2025.
- Report date: April 30, 2025.
- The filing includes a news release (Exhibit 99.1) regarding financial results.
- Information in Item 2.02 is furnished but not 'filed' for purposes of Section 18 liability.
Unisys Corporation is reporting a retroactive reclassification of its financial segment information effective January 1, 2025. This change aligns historical data with a new organizational structure designed to better address client needs and leverage synergies.
🚩 Red Flags
- None identified; reclassification is purely organizational/presentation-based and does not impact consolidated net income or cash flows.
📋 Key Facts
- Effective date for structural changes: January 1, 2025.
- Business processing solutions previously in 'Other' are now integrated into Enterprise Computing Solutions (ECS) and Cloud, Applications & Infrastructure Solutions (CA&I).
- Application development solution moved from ECS to CA&I.
- United Kingdom business process outsourcing joint venture remains in the 'Other' segment.
- Reclassification is retroactive for fiscal years 2023 and 2024 and all quarters within those years.
- The changes have no effect on consolidated financial statements.
Unisys Corporation announced a leadership transition effective April 1, 2025. Michael Thomson will transition from President and COO to CEO, while Chris Arrasmith has been elected as the new Executive Vice President and Chief Operating Officer.
🚩 Red Flags
- None identified; this appears to be a planned succession rather than an abrupt departure.
📋 Key Facts
- Michael Thomson will cease serving as COO on March 31, 2025, and become CEO/President effective April 1, 2025.
- Chris Arrasmith elected as EVP and COO, effective April 1, 2025.
- Arrasmith's compensation includes a $540,000 base salary and a target bonus of 100% of base salary.
- Arrasmith is eligible for equity awards with a target fair value of $1,200,000 per year starting in 2025.
- Arrasmith previously served as SVP and GM of Enterprise Computing Solutions at Unisys since January 2022.
Unisys Corporation filed an 8-K to announce its financial results for the quarter and fiscal year ended December 31, 2024. The filing includes a news release as Exhibit 99.1.
📋 Key Facts
- Reporting date: February 18, 2025
- Period covered: Quarter and Fiscal Year ended December 31, 2024
- The information in Item 2.02 is furnished but not 'filed' for purposes of Section 18 liability.
Unisys Corporation announced a leadership succession plan where Michael M. Thomson will be promoted to CEO and President effective April 1, 2025. Current CEO Peter Altabef will step down from the CEO role on March 31, 2025, but will remain as Chair of the Board.
🚩 Red Flags
- Succession planning often signals a period of strategic transition or potential internal shifts in direction.
📋 Key Facts
- Michael M. Thomson promoted to CEO and President effective April 1, 2025; also elected to the Board.
- Peter Altabef to cease serving as CEO on March 31, 2025, but will remain Chair of the Board.
- Thomson's compensation includes an $800,000 base salary and a target bonus of 120% of base salary.
- Thomson is eligible for equity awards with a target grant date fair value of $3,881,250 in 2025.
- Altabef will receive an additional cash retainer of $50,000 for his continued service as Chair.
Unisys Corporation entered into an amendment to its secured revolving credit facility (ABL Credit Facility) on October 28, 2024. The amendment extends the maturity date and modifies the available loan amounts.
🚩 Red Flags
- Reduction in available liquidity: The aggregate amount of the facility was reduced from previous levels (implied) to $125.0 million, which may indicate tighter credit terms or a strategic reduction in debt capacity.
- Short-term maturity extension: While the maturity was pushed out by two years, the company is still managing significant refinancing needs in the mid-term.
📋 Key Facts
- Amendment to secured revolving credit facility (ABL Credit Facility) executed on October 28, 2024.
- Maturity date extended from October 2025 to October 2027.
- Aggregate amount of loans and letters of credit reduced to $125.0 million.
- Accordion provision included allowing for an increase up to $155.0 million.
- Administrative Agent is Bank of America, N.A.
Unisys Corporation filed an 8-K to announce its quarterly financial results for the period ending September 30, 2024. The filing serves as a formal vehicle to furnish the earnings news release (Exhibit 99.1) to the SEC.
📋 Key Facts
- Report date: October 29, 2024
- Reporting period: Quarter ended September 30, 2024
- The filing includes a news release as Exhibit 99.1 regarding results of operations and financial condition.
- Information under Item 2.02 is furnished, not filed, meaning it is subject to different liability standards than standard filed reports.
Unisys Corporation has reached a settlement with the SEC regarding non-scienter-based violations related to cybersecurity incident disclosures from November 2022. The company will pay a $4 million civil penalty to resolve the investigation without admitting wrongdoing.
🚩 Red Flags
- Regulatory settlement involving cybersecurity disclosure failures.
- Historical mention of material weakness in internal controls related to cybersecurity (November 2022).
📋 Key Facts
- Settlement reached on October 22, 2024, with the SEC.
- Violations relate to policies, procedures, and risk disclosures regarding cybersecurity incidents disclosed in November 2022.
- The settlement is 'non-scienter-based,' meaning no intent or recklessness was found.
- A $4 million civil penalty will be paid within ten days of the Order's entry.
- The $4 million penalty was already fully accrued in 2023 financials and cash impact was assumed in 2024 free cash flow.
Unisys Corporation filed an 8-K to announce its quarterly financial results for the period ended June 30, 2024. The filing serves as a formal notice that earnings news was released on August 5, 2024.
📋 Key Facts
- Reporting of financial results for the quarter ended June 30, 2024.
- News release issued on August 5, 2024, is furnished as Exhibit 99.1.
- The information in Item 2.02 is 'furnished' rather than 'filed', meaning it is not subject to the liabilities of Section 18 of the Exchange Act.
Unisys Corporation filed an 8-K to announce its financial results for the quarter ended March 31, 2024. The filing serves as a formal mechanism to furnish quarterly earnings news release via Exhibit 99.1.
📋 Key Facts
- Report date: May 7, 2024
- Reporting period: Quarter ended March 31, 2024
- The filing includes a news release (Exhibit 99.1) regarding results of operations and financial condition.
- Information under Item 2.02 is furnished but not 'filed' for purposes of Section 18 liability.
Unisys Corporation held its annual meeting of stockholders on May 1, 2024. All proposals, including the election of directors and ratification of auditors, were approved by shareholders.
📋 Key Facts
- Annual Meeting held on May 1, 2024.
- 84.6% of shares entitled to vote (58,355,443 shares) were represented at the meeting.
- All 11 director nominees were elected to serve until the 2025 annual meeting or successors.
- Shareholders approved the non-binding advisory vote on 2023 Named Executive Officer Compensation.
- Grant Thornton LLP was ratified as the independent registered public accounting firm for fiscal year 2024.
- The 2024 Long-Term Incentive and Equity Compensation Plan was approved.
Unisys Corporation filed an 8-K to announce its financial results for the fiscal quarter ended December 31, 2023. The filing serves as a formal vehicle to furnish the quarterly news release (Exhibit 99.1) to the SEC.
📋 Key Facts
- Report date: February 21, 2024
- Reporting period: Quarter ended December 31, 2023
- The filing includes a news release as Exhibit 99.1 regarding results of operations and financial condition.
- Information under Item 2.02 is furnished but not 'filed' for purposes of Section 18 liability.