TransUnion (NYSE: TRU) CEO shares withheld to cover tax on performance units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransUnion President and CEO Christopher A. Cartwright reported a tax-related share disposition. On the reported date, 26,284 shares of Common Stock were withheld by the company at $68.60 per share to pay tax liabilities tied to performance share units granted on June 1, 2023.
After this tax-withholding disposition, Cartwright directly holds 565,006 shares of TransUnion common stock. A separate entry shows 5,691 shares held indirectly through a limited liability company, reflecting additional ownership that is not part of the tax-withholding transaction. These are not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cartwright Christopher A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 26,284 | $68.60 | $1.80M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 565,006 shares (Direct, null);
Common Stock — 5,691 shares (Indirect, By limited liability company)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 26,284 shares
Withholding price per share: $68.60 per share
Direct holdings after transaction: 565,006 shares
+2 more
5 metrics
Shares withheld for taxes
26,284 shares
Withheld to pay tax liability on performance share units
Withholding price per share
$68.60 per share
Value used for tax-withholding disposition
Direct holdings after transaction
565,006 shares
Common Stock held directly by Cartwright after withholding
Indirect holdings via LLC
5,691 shares
Common Stock held indirectly by limited liability company
Tax-withholding transactions
1 transaction, 26,284 shares
Summary of F-code disposition in this Form 4
Key Terms
performance share units, tax liability, withheld, limited liability company
4 terms
tax liability financial
"in payment of tax liability incident to the vesting"
withheld financial
"Reflects shares of Common Stock withheld by the Company"
limited liability company financial
"nature_of_ownership: By limited liability company"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
FAQ
What did TransUnion (TRU) CEO Christopher Cartwright report in this Form 4?
Christopher Cartwright reported a tax-related share disposition. The company withheld 26,284 TransUnion common shares to cover tax liabilities from performance share units granted on June 1, 2023, rather than Cartwright selling shares on the open market.
Was the TransUnion (TRU) CEO’s Form 4 transaction an open-market sale?
The reported transaction was not an open-market sale. Shares were withheld by TransUnion to pay Cartwright’s tax liability from vesting performance share units, coded as an F transaction, which represents payment of exercise price or tax liability by delivering securities to the issuer.