TransUnion (TRU) president gets stock grant and sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransUnion President, US Markets Steven M. Chaouki reported several stock transactions. He sold 5,000 shares of common stock in an open-market trade at $76.64 per share under a pre-arranged Rule 10b5-1 trading plan.
He also received a grant of 24,825 restricted stock units, vesting 33% on August 27, 2027, 33% on August 27, 2028, and 34% on August 27, 2029. In addition, 10,627 shares were withheld by TransUnion to cover tax liability related to the vesting of performance share units granted on February 28, 2023. After these transactions, he directly owns 94,711 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($383,200)
Net Sell
3 txns
Insider
CHAOUKI STEVEN M
Role
President, US Markets
Sold
5,000 shs ($383K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $76.64 | $383K |
| Grant/Award | Common Stock | 24,825 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,627 | $78.55 | $835K |
Holdings After Transaction:
Common Stock — 94,711 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 granted on February 28, 2023. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
FAQ
What insider transactions did TransUnion (TRU) executive Steven Chaouki report?
Steven M. Chaouki reported a mix of equity transactions, including an open-market sale, a new restricted stock unit grant, and shares withheld for taxes. These moves adjust his holdings but largely reflect compensation and tax-management activity.
What stock grant did TransUnion (TRU) provide to Steven Chaouki in this filing?
He received a grant of 24,825 restricted stock units. These units vest in stages: 33% on August 27, 2027, 33% on August 27, 2028, and the remaining 34% on August 27, 2029, aligning incentives over multiple years.
What is the significance of the Rule 10b5-1 trading plan mentioned for TransUnion (TRU)?
The sale was executed under a Rule 10b5-1 trading plan, which allows insiders to pre-schedule trades when they are not aware of material nonpublic information. This structure is designed to reduce concerns about opportunistic or information-based trading.