Uniti executive reports tax-withholding share dispositions
Uniti Group Inc. executive Michael Friloux reported routine share dispositions related to tax withholding on vested restricted stock, rather than open-market sales.
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Rhea-AI Filing Summary
Uniti Group Inc. executive Michael Friloux reported routine share dispositions related to tax withholding on vested restricted stock, rather than open-market sales. On two dates, a total of 10,650 shares of common stock were withheld at a price of $8.58 per share to cover tax obligations. After these transactions, he directly owned 338,312 Uniti Group common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | COMMON STOCK | 4,839 | $8.58 | $42K |
| Exercise Price or Tax Liability | COMMON STOCK | 5,811 | $8.58 | $50K |
Footnotes (1)
- F1. These shares were withheld to satisfy the reporting person's tax obligations that arose when time-based restricted stock belonging to the reporting person vested.
FAQ
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What insider transactions did Uniti Group (UNIT) report for Michael Friloux?
What does transaction code F mean in the Uniti Group (UNIT) Form 4?
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