[Form 4] TransUnion Insider Trading Activity

Rhea-AI Filing Summary

TransUnion insider filing: Heather J. Russell, Executive Vice President and Chief Legal Officer, reported a transaction on 08/25/2025 disposing of 990 shares of TransUnion common stock at $89.46 per share. The filing states these shares were withheld by the company to satisfy tax withholding related to the vesting of restricted stock units granted on February 25, 2022. After this withholding, Ms. Russell beneficially owns 31,606 shares, held directly. The Form 4 was signed by a power of attorney on 08/26/2025.

Positive

• Transaction was a tax-withholding on RSU vesting (administrative, not an open-market sale)
• Reporting person retains a substantial direct holding of 31,606 shares after the withholding

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine tax-withholding disposition; insider retains substantial direct stake.

The transaction is recorded under Transaction Code F, indicating shares were withheld to cover tax obligations upon RSU vesting rather than an open-market sale, which typically carries limited governance or signalling implications. The price recorded ($89.46) reflects the withholding valuation on 08/25/2025. Post-transaction direct ownership of 31,606 shares suggests continued alignment with shareholders' interests. For investors, this is a routine administrative filing rather than a change in insider conviction.

Corporate Governance Expert

TL;DR: Administrative disposition for tax purposes; no indication of change in role or additional disclosures.

The explanation explicitly states the disposal resulted from tax withholding related to RSU vesting (grant date 02/25/2022). The Form identifies Ms. Russell as an officer (EVP, Chief Legal Officer) and reports direct beneficial ownership only. There are no additional transactions, derivative positions, or indications of a new trading plan reported. This filing is procedural and does not raise governance red flags.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RUSSELL HEATHER J

(Last) (First) (Middle)

C/O TRANSUNION

555 WEST ADAMS STREET

(Street)

CHICAGO IL 60661

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TransUnion [ TRU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		F(1)		990	D	$89.46	31,606	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares of Common Stock withheld by the Company in payment of tax liability incident to the vesting of restricted stock units granted on February 25, 2022.

Remarks:

	/s/ Rachel Mantz, by power of attorney	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Heather J. Russell report on Form 4 for TRU?

She reported a disposition of 990 TransUnion shares on 08/25/2025 at a price of $89.46 per share, related to tax withholding for vested RSUs.

Why were the 990 shares disposed of according to the filing?

The filing states the shares were withheld by the company to pay tax liabilities arising from restricted stock units that vested on 02/25/2022.

How many TransUnion shares does the reporting person own after the transaction?

The filing shows beneficial ownership of 31,606 shares following the reported transaction.

Was this an open-market sale or another type of transaction?

This was not an open-market sale; it is coded as F, indicating shares were surrendered/withheld to satisfy tax withholding obligations.

What is the reporting person’s role at TransUnion?

The Form 4 lists Heather J. Russell as an Officer with the title EVP, Chief Legal Officer.