Uniti executive granted 54,037 shares, withholds for taxes
Uniti Group Inc. executive Daniel L. Heard, SEVP, General Counsel & Secretary, reported two stock transactions involving company common shares.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 54,037 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 6,319 | $7.32 | $46K |
Footnotes (2)
- 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.
- F2. 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.
FAQ
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What insider transactions did UNIT executive Daniel L. Heard report on this Form 4?
What is the vesting schedule for Daniel L. Heard’s new Uniti Group stock award?
Are Daniel Heard’s Uniti Group (UNIT) transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.