TRU insider files Form 4: tax withholding of RSUs and 10b5-1 sale executed

Rhea-AI Filing Summary

Insider transactions by TransUnion SVP and Chief Accounting Officer Jennifer A. Williams. The filing reports two routine equity events: 315 shares were withheld to cover tax withholding related to restricted stock units that vested from grants dated February 28, 2023 and February 28, 2024, at an effective price of $88.67. The filing also reports a sale of 755 shares at $88.46 executed pursuant to a Rule 10b5-1 trading plan. After the transactions, the reporting person’s direct beneficial ownership decreased from 6,446 to 5,691 shares. The transactions are indicated as direct holdings and described as tax withholding and planned sales.

Insights

Corporate Governance Expert

TL;DR: Routine insider tax withholding and a planned sale under a 10b5-1 plan; no unexplained or unusual trading.

The reported withholding of 315 shares to satisfy tax obligations from vested restricted stock units is a standard administrative action following equity vesting. The subsequent sale of 755 shares was executed under a pre-established Rule 10b5-1 trading plan, which typically reduces concerns about opportunistic timing by insiders. Transactions are direct and relatively small in absolute size given the employee role. There is no indication of material, non-routine corporate actions or governance issues in this filing.

Securities Analyst

TL;DR: Modest reduction in insider share count via tax withholding and a planned sale; unlikely to be market-moving.

The amounts involved—315 shares withheld and a 755-share sale at prices around $88.5—represent modest insider activity and do not reflect a change in company performance or strategy. Use of a Rule 10b5-1 plan signals pre-planned disposition, which typically mitigates interpretation as information-based trading. The direct beneficial holding declines from 6,446 to 5,691 shares, a measurable but small change relative to institutional holdings and public float.

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).

X

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^*

Williams Jennifer A.

(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)
	SVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

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	08/28/2025		F(1)		315	D	$88.67	6,446	D
Common Stock	08/29/2025		S(2)		755	D	$88.46	5,691	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 28, 2023 and February 28, 2024.

2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

Remarks:

	/s/ Rachel Mantz, by power of attorney	09/02/2025
	** 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 insider transactions did Jennifer A. Williams report for TRU?

The report shows 315 shares were withheld to pay taxes on vested restricted stock units and 755 shares were sold under a Rule 10b5-1 plan.

Were the sales by Jennifer A. Williams part of a preplanned trading program?

Yes. The sale of 755 shares is reported as executed pursuant to a Rule 10b5-1 trading plan.

What were the transaction prices for the reported trades?

The withholding was reflected at $88.67 per share and the sale executed at $88.46 per share.

How did these transactions affect Jennifer A. Williams’ beneficial ownership in TRU?

Her direct beneficial ownership decreased from 6,446 shares to 5,691 shares following the reported transactions.

Do these Form 4 entries indicate indirect ownership or special arrangements?

No. Both transactions are reported as direct ownership; no indirect beneficial ownership or special arrangements are disclosed.