TransUnion (NYSE: TRU) executive has 13,350 shares withheld for tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransUnion executive Todd C. Skinner, President, International, reported a routine tax-related share withholding. On the vesting of performance share units granted on June 1, 2023, the company withheld 13,350 shares of common stock to cover tax liability. After this non-market transaction, Skinner directly holds 66,633.727 shares of TransUnion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Skinner Todd C.
Role
President, International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,350 | $68.60 | $916K |
Holdings After Transaction:
Common Stock — 66,633.727 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 13,350 shares
Withholding price per share: $68.60 per share
Shares owned after transaction: 66,633.727 shares
+1 more
4 metrics
Shares withheld for taxes
13,350 shares
Tax-withholding disposition on performance share unit vesting
Withholding price per share
$68.60 per share
Valuation used for tax-withholding shares
Shares owned after transaction
66,633.727 shares
Direct TransUnion common stock holdings after withholding
Transaction share type
Common Stock
Non-derivative security involved in withholding
Key Terms
performance share units, tax liability, tax-withholding disposition, Common Stock
4 terms
tax liability financial
"withheld by the Company in payment of tax liability incident to the vesting"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"Reflects shares of Common Stock withheld by the Company"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did TransUnion executive Todd C. Skinner report on this Form 4 for TRU?
Todd C. Skinner reported a tax-related share withholding. The company withheld 13,350 TransUnion common shares to cover tax liability from vesting performance share units granted on June 1, 2023, rather than an open-market sale.