STOCK TITAN

Uniti Group (UNIT) EVP receives 54,037-share grant, withholds 6,319 shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Uniti Group Inc. executive Daniel L. Heard, SEVP, General Counsel & Secretary, reported two stock transactions involving company common shares. On March 1, 2026, he acquired 54,037 shares as a grant or award, bringing his directly held stake in this line item to 448,236 shares.

On February 27, 2026, 6,319 shares at $7.32 per share were disposed of to satisfy tax obligations arising from the vesting of his time-based restricted stock, leaving 394,199 shares reported after that transaction. The newly granted shares are scheduled to vest in three equal installments each March 1 starting in 2027, subject to his continued employment.

Positive

  • None.

Negative

  • None.
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
Estimated average burden
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*
HEARD DANIEL L

(Last) (First) (Middle)
2101 RIVERFRONT DRIVE, SUITE A

(Street)
LITTLE ROCK AR 72202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Uniti Group Inc. [ UNIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SEVP, Gen. Counsel & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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 02/27/2026 F 6,319(1) D $7.32 394,199 D
COMMON STOCK 03/01/2026 A 54,037(2) A $0 448,236 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. 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.
2. Subject to the reporting person's continued employment, these shares vest in three equal installments on March 1 of each year, with the first vesting date being March 1, 2027.
/s/ DANIEL L. HEARD 03/03/2026
** 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 insider transactions did UNIT executive Daniel L. Heard report on this Form 4?

Daniel L. Heard reported one acquisition and one disposition of Uniti Group common stock. He received 54,037 shares as a grant and had 6,319 shares withheld to cover taxes triggered by vesting of time-based restricted stock.

How many Uniti Group (UNIT) shares did Daniel L. Heard acquire in the reported grant?

Heard acquired 54,037 shares of Uniti Group common stock at a stated price of $0.00 per share. These shares were reported as a grant or award, increasing his directly held position shown in this Form 4 to 448,236 shares after the grant transaction.

Why were 6,319 Uniti Group (UNIT) shares disposed of in Daniel Heard’s Form 4?

The 6,319 shares were withheld to satisfy Daniel Heard’s tax obligations when his time-based restricted stock vested. The shares were disposed of at $7.32 per share specifically as a tax-withholding transaction, not as an open-market sale of Uniti Group stock.

What is the vesting schedule for Daniel L. Heard’s new Uniti Group stock award?

The newly granted shares vest in three equal installments on March 1 of each year, beginning March 1, 2027. Vesting is conditioned on Daniel Heard’s continued employment with Uniti Group, so he receives one-third of the award at each annual vesting date.

How many Uniti Group (UNIT) shares does Daniel Heard hold after these transactions?

After the February 27, 2026 tax-withholding disposition, the Form 4 shows Daniel Heard directly holding 394,199 shares in that line item. Following the March 1, 2026 grant, a separate line reports 448,236 directly held shares associated with the award transaction.

Are Daniel Heard’s Uniti Group (UNIT) transactions open-market buys or sells?

No open-market buys or sells are reported. The Form 4 shows a grant or award acquisition of 54,037 shares at $0.00 and a tax-withholding disposition of 6,319 shares, used to pay taxes due when previously granted restricted stock vested.
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1.87B
231.40M
REIT - Specialty
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United States
LITTLE ROCK