STOCK TITAN

Uniti Group Inc. (UNIT) CEO gets stock grant, withholds shares for taxes

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

Rhea-AI Filing Summary

Uniti Group Inc. President and CEO Kenny Gunderman reported two equity-related transactions in company common stock. He received a grant of 191,382 shares at no cost, which are scheduled to vest in three equal installments each March 1 starting in 2027, subject to continued employment. Separately, 19,212 shares were withheld at a price of $7.32 per share to cover tax obligations from vesting restricted stock. After these transactions, he directly owned 2,005,979 common shares.

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*
Gunderman Kenny

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Pres. & Chief Exec. Officer
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 19,212(1) D $7.32 1,814,597 D
COMMON STOCK 03/01/2026 A 191,382(2) A $0 2,005,979 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/ KENNY GUNDERMAN BY: DANIEL L. HEARD, ATTORNEY-IN-FACT 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 did Uniti Group Inc. (UNIT) CEO Kenny Gunderman report in this Form 4?

Kenny Gunderman reported receiving a grant of 191,382 Uniti Group common shares and a separate disposition of 19,212 shares withheld for taxes. Both transactions involved equity compensation rather than open-market buying or selling of stock.

How many Uniti Group (UNIT) shares were granted to the CEO and at what cost?

The CEO was granted 191,382 shares of Uniti Group common stock at a price of $0.00 per share. This reflects an equity award, meaning he did not pay cash to acquire these shares under the grant terms.

Why were 19,212 Uniti Group (UNIT) shares disposed of in this filing?

The 19,212 Uniti Group shares were withheld to satisfy Kenny Gunderman’s tax obligations arising from the vesting of time-based restricted stock. This was a tax-withholding disposition, not an open-market sale initiated for portfolio reasons.

What is the vesting schedule for the new Uniti Group (UNIT) stock grant?

The 191,382-share grant vests in three equal installments on March 1 of each year, beginning March 1, 2027. Vesting is conditioned on Kenny Gunderman’s continued employment with Uniti Group through each scheduled vesting date.

How many Uniti Group (UNIT) shares does the CEO own after these transactions?

Following the reported grant and tax-withholding disposition, Kenny Gunderman directly owns 2,005,979 shares of Uniti Group common stock. This total reflects his direct beneficial ownership immediately after the transactions disclosed in the Form 4.

Were these Uniti Group (UNIT) Form 4 transactions open-market buys or sells?

No, the reported transactions were related to equity compensation. One was a grant or award of shares at no cost, and the other was a tax-withholding disposition of shares upon vesting, rather than voluntary open-market buying or selling.
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1.87B
231.40M
REIT - Specialty
Telephone Communications (no Radiotelephone)
Link
United States
LITTLE ROCK