Uniti Group SVP has shares withheld for taxes
Uniti Group Inc. SVP and Chief Accounting Officer Travis Black reported routine share withholding to cover taxes on vested stock awards.
Rhea-AI Filing Summary
Uniti Group Inc. SVP and Chief Accounting Officer Travis Black reported routine share withholding to cover taxes on vested stock awards. On February 1, 2026, a total of 10,710 shares of common stock were withheld at $8.32 per share in two transactions related to time-based restricted stock granted in 2024.
These awards were scheduled to vest in full within six months of the closing of the merger transactions under the May 3, 2024 Agreement and Plan of Merger between Uniti Group Inc. and Windstream Holdings II, LLC. Following the reported transactions, Black beneficially owns 67,601 shares of Uniti common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | COMMON STOCK | 6,820 | $8.32 | $57K |
| Exercise Price or Tax Liability | COMMON STOCK | 3,890 | $8.32 | $32K |
Footnotes (1)
- F1. These shares were withheld to satisfy the reporting person's tax obligations that arose when time-based restricted stock granted to the reporting person in 2024 vested. Due to clerical error, the reporting person's reports on Form 4 filed on May 20, 2024 and June 11, 2024 inadvertently misstated the vesting schedules for these time-based restricted stock grants. The awards were scheduled to vest in full within six months of the closing of the transactions contemplated by the Agreement and Plan of Merger dated as of May 3, 2024, among the Issuer and Windstream Holdings II, LLC.
FAQ
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