[Form 4] TransUnion Insider Trading Activity

Rhea-AI Filing Summary

TransUnion reporting person Heather J. Russell, EVP and Chief Legal Officer, reported a non-derivative disposition of 3,258 shares of TransUnion common stock on 08/28/2025 at a reported price of $88.67 per share. The filing states these shares were withheld by the company to satisfy tax withholding obligations tied to the vesting of restricted stock units granted on Feb 28, 2023, Feb 28, 2024 and Sep 3, 2024. After the transaction, Ms. Russell beneficially owns 28,348 shares, held directly. The Form 4 is signed by a POA on behalf of the reporting person and reflects routine insider tax-related share withholding rather than an open-market sale.

Positive

• Compliance with Section 16 reporting and use of company withholding to satisfy tax obligations
• Clear disclosure of shares withheld tied to specific RSU grant dates

Negative

• Reduction in direct ownership of 3,258 shares, leaving 28,348 shares beneficially owned

Insights

Financial Analyst

TL;DR: Routine tax-withholding disposition; small reduction in insider holdings with no disclosed strategic intent.

The transaction is a common method to satisfy tax liabilities arising from RSU vesting and is recorded as a disposition of 3,258 shares at $88.67, leaving 28,348 shares beneficially owned. From a capital-markets perspective, tax-withholding dispositions typically carry limited informational content about management's view of company prospects because they do not reflect discretionary selling. The filing shows compliance with Section 16 reporting but does not provide evidence of material change in ownership or corporate control.

Corporate Governance Expert

TL;DR: Procedural compliance with insider reporting and withholding; filing executed via power of attorney.

The Form 4 documents that share withholding was used to satisfy tax obligations tied to multiple RSU grants, which is standard practice under equity compensation plans. The signature block indicates the form was filed by an authorized representative under power of attorney on 08/29/2025. There are no disclosures of derivative transactions, pledges, or changes in officer status. This is a routine governance disclosure without material governance implications.

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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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)
08/28/2025

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)		3,258	D	$88.67	28,348	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, February 28, 2024 and September 3, 2024.

Remarks:

	/s/ Rachel Mantz, by power of attorney	08/29/2025
	** 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 transaction did the TransUnion insider (TRU) report on Form 4?

The filing reports a disposition of 3,258 common shares on 08/28/2025 at $88.67 per share, executed as tax withholding for RSU vesting.

Why were shares disposed of according to the Form 4 for TRU?

The shares were withheld by the company to pay tax liabilities arising from the vesting of restricted stock units granted on Feb 28, 2023; Feb 28, 2024; and Sep 3, 2024.

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

After the reported disposition, the reporting person beneficially owns 28,348 shares, held directly.

Who signed the Form 4 for the TransUnion reporting person?

The Form 4 is signed by /s/ Rachel Mantz, by power of attorney on behalf of the reporting person, dated 08/29/2025.

Does the Form 4 show any derivative transactions or option exercises for TRU?

No. Table II (derivative securities) contains no reported derivative acquisitions or dispositions in this filing.