TransUnion (NYSE: TRU) CLO reports tax-withheld shares from PSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransUnion executive Heather J. Russell, EVP and Chief Legal Officer, reported a tax-related share disposition tied to equity compensation. On the event date, the company withheld 10,222 shares of Common Stock at $68.60 per share to cover tax liabilities from vesting performance share units granted on June 1, 2023. After this withholding, she directly owned 51,931 shares of TransUnion common stock. This reflects routine tax withholding rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RUSSELL HEATHER J
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,222 | $68.60 | $701K |
Holdings After Transaction:
Common Stock — 51,931 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 10,222 shares
Implied price per share: $68.60 per share
Shares held after transaction: 51,931 shares
+1 more
4 metrics
Shares withheld for taxes
10,222 shares
Tax-withholding disposition on Common Stock
Implied price per share
$68.60 per share
Value used for tax-withholding shares
Shares held after transaction
51,931 shares
Direct ownership following tax withholding
PSU grant date
June 1, 2023
Grant date of performance share units that vested
Key Terms
performance share units, tax-withholding disposition, Common Stock, Form 4
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"Reflects shares of Common Stock withheld by the Company"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TransUnion (TRU) report in this Form 4?
TransUnion reported that executive Heather J. Russell had 10,222 shares of Common Stock withheld to satisfy tax obligations related to vesting performance share units, at a price of $68.60 per share, rather than executing an open-market stock sale.
Who is the insider involved in TransUnion (TRU)’s latest Form 4 filing?
The insider is Heather J. Russell, Executive Vice President and Chief Legal Officer of TransUnion. She reported a tax-withholding disposition of shares connected to vesting performance share units originally granted on June 1, 2023 under the company’s equity compensation program.
Is the TransUnion (TRU) Form 4 transaction an open-market stock sale?
The transaction is not an open-market stock sale. It is coded as an F transaction, representing shares withheld by the company to pay tax liabilities from vesting performance share units, as described in the footnote to the Form 4 filing.