TransUnion (TRU) EVP receives RSU grant as shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransUnion executive Achanta Venkat reported a stock-based compensation grant and related tax withholding. He acquired 26,735 shares of common stock through a grant of restricted stock units at no cash cost, increasing his directly held stake to 150,810 shares.
The grant represents restricted stock units that vest in stages: 33% on August 27, 2027, 33% on August 27, 2028, and 34% on August 27, 2029. On the same date, 19,058 shares were withheld by the company at a price of $78.55 per share to cover tax liabilities from the vesting of earlier performance share units and restricted stock units, leaving him with 131,752 directly owned shares after the withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Achanta Venkat
Role
EVP, Chief Tech, Data & Analy.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,735 | $0.00 | -- |
| Tax Withholding | Common Stock | 19,058 | $78.55 | $1.50M |
Holdings After Transaction:
Common Stock — 150,810 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units that vest ratably as follows: 33% on August 27, 2027; 33% on August 27, 2028; and 34% on August 27, 2029. Reflects shares of Common Stock withheld by the Company in payment of tax liability incident to the vesting of performance share units and restricted stock units granted on February 28, 2023, June 30, 2023 and February 28, 2024.
FAQ
What insider transactions did TransUnion (TRU) executive Achanta Venkat report?
Achanta Venkat reported a grant of 26,735 restricted stock units and a related tax-withholding share disposition. The company withheld 19,058 shares of common stock to satisfy tax liabilities tied to earlier equity awards that vested, leaving him with 131,752 directly owned shares.
Was the TransUnion (TRU) insider transaction a market sale or tax withholding?
The disposition was tax withholding, not an open-market sale. TransUnion withheld 19,058 shares at $78.55 per share to pay tax liabilities from vesting performance and restricted stock units granted in 2023 and 2024, a common administrative step for equity compensation.
What is the vesting schedule for the new TransUnion (TRU) restricted stock units?
The 26,735 restricted stock units vest ratably over three dates. Thirty-three percent vest on August 27, 2027, another 33% on August 27, 2028, and the remaining 34% on August 27, 2029, aligning the executive’s compensation with longer-term company performance.