TRU Form 4: Cartwright Withholds 6,932 Shares on RSU Vesting

Rhea-AI Filing Summary

TransUnion insider transaction by CEO/Director Christopher A. Cartwright. The Form 4 reports a transaction on 08/25/2025 where 6,932 shares of TransUnion common stock were disposed of at $89.46 per share. After the reported transaction, Mr. Cartwright beneficially owned 417,745 shares directly and 5,691 shares indirectly through a limited liability company. The filing explains the disposition reflects shares withheld by the company to satisfy tax liability arising from restricted stock units granted on February 25, 2022. The form was signed by a power of attorney on 08/26/2025.

Positive

• Substantial ongoing ownership: Mr. Cartwright retains 417,745 shares directly, indicating continued alignment with shareholders
• Transaction explained: Filing explicitly states the disposition was shares withheld to satisfy tax liability from RSU vesting, clarifying the nature of the transaction
• Timely disclosure: Form 4 filed with a dated signature by power of attorney on 08/26/2025

Negative

• Recorded disposition: 6,932 shares were disposed of (withheld) on 08/25/2025, reducing the reporting person's direct share count
• Potential short-term dilution of ownership stake: The withholding reduces the number of shares held directly by the reporting person

Insights

Financial Analyst

TL;DR: Routine tax-withholding caused a small disposition; overall ownership remains substantial and unchanged in control.

The reported disposition of 6,932 shares at $89.46 is described as shares withheld to cover taxes on vested restricted stock units granted February 25, 2022, indicating this was not an open-market sale to raise cash but an administrative withholding. Post-transaction direct beneficial ownership of 417,745 shares plus 5,691 indirect shares keeps the CEO materially invested in the company. For investors, this is a routine insider administrative action and does not by itself signal a change in strategic ownership or control.

Corporate Governance Expert

TL;DR: The Form 4 documents a standard tax-related withholding on RSU vesting; disclosure is timely and complete.

The filing identifies Christopher A. Cartwright as both a director and President/CEO and discloses the withholding of 6,932 shares to satisfy taxes on vested RSUs. The use of a power of attorney signature on 08/26/2025 is noted. This is a routine Section 16 disclosure consistent with equity compensation administration. There are no additional governance actions or departures reported in this filing.

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
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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^*

Cartwright Christopher 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

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)		6,932	D	$89.46	417,745	D
Common Stock								5,691	I	By limited liability company

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 TransUnion CEO Christopher Cartwright report on Form 4 (TRU)?

The Form 4 reports a disposition of 6,932 shares on 08/25/2025 at $89.46 per share; the filing states these shares were withheld to pay taxes on RSUs vested from a grant on February 25, 2022.

How many TransUnion shares does Christopher Cartwright own after the transaction?

After the reported transaction Mr. Cartwright beneficially owned 417,745 shares directly and 5,691 shares indirectly through a limited liability company.

Was the 08/25/2025 transaction a market sale or tax withholding?

The filing explains the disposition reflects shares withheld by the company to satisfy tax liability incident to the vesting of restricted stock units; it is not described as an open-market sale.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by /s/ Rachel Mantz, by power of attorney on 08/26/2025.

What positions does the reporting person hold at TransUnion?

Christopher A. Cartwright is listed as a Director and as an Officer with the title President and CEO.