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Uniti Group Inc. (NASDAQ: UNIT) CEO reports tax share withholding

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Uniti Group Inc. reported that President and Chief Executive Officer Kenny Gunderman had 62,240 shares of common stock withheld on August 1, 2026 at $9.72 per share to satisfy tax obligations arising from the vesting of time-based restricted stock. After this tax-withholding disposition, he directly holds 1,979,545 Uniti Group common shares.

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Insider Gunderman Kenny
Role Pres. & Chief Exec. Officer
Type Security Shares Price Value
Tax Withholding COMMON STOCK F1 62,240 $9.72 $605K
Holdings After Transaction: COMMON STOCK — 1,979,545 shares (Direct)
Footnotes (1)
  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.
Shares withheld for taxes 62,240 shares Common stock withheld on 2026-08-01 to satisfy CEO tax obligations
Tax withholding price $9.72 per share Value used for common shares withheld to cover tax liability
Shares held after transaction 1,979,545 shares Direct Uniti Group common stock holdings after tax-withholding disposition
Tax-withholding transactions reported 1 Number of code F tax-withholding disposition entries on 2026-08-01
time-based restricted stock financial
"when time-based restricted stock belonging to the reporting person vested"
Time-based restricted stock are company shares granted to employees or executives that become fully owned and transferable only after the recipient stays with the company for specified time periods. Think of it like receiving a wrapped gift that opens a little each year; the gradual unlocking helps keep employees motivated and tied to long-term performance. Investors watch these grants because they can dilute existing shares when they vest and signal how management is being rewarded and incentivized.
tax obligations financial
"shares were withheld to satisfy the reporting person's tax obligations"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition of common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction recently involved Uniti Group (UNIT) CEO Kenny Gunderman?

Kenny Gunderman had 62,240 Uniti Group shares withheld to cover taxes. The withholding occurred at $9.72 per share when his time-based restricted stock vested, and it was reported as a tax-withholding disposition rather than an open market sale.

How many Uniti Group (UNIT) shares does Kenny Gunderman hold after this transaction?

Following the tax-withholding disposition, Kenny Gunderman directly holds 1,979,545 shares of Uniti Group common stock. This figure reflects his position after 62,240 shares were withheld to satisfy tax obligations linked to vesting restricted stock.

Was the Uniti Group (UNIT) CEO’s transaction a sale on the open market?

No, the transaction was reported as a tax-withholding disposition, not an open market sale. 62,240 shares were withheld by the company at $9.72 per share to satisfy Kenny Gunderman’s tax obligations from vesting time-based restricted stock.

What price was used for the Uniti Group (UNIT) shares withheld for Kenny Gunderman’s taxes?

The withheld Uniti Group shares were valued at $9.72 per share. This price applied to the 62,240 shares delivered to satisfy Kenny Gunderman’s tax obligations stemming from the vesting of his time-based restricted stock award.

What triggered the tax withholding of Uniti Group (UNIT) shares for Kenny Gunderman?

The withholding occurred when time-based restricted stock vested for Kenny Gunderman. To satisfy the resulting tax obligations, Uniti Group withheld 62,240 common shares at a value of $9.72 per share instead of requiring a separate cash payment.
SEC Form 4
FORM 4UNITED 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 ARKANSAS 72202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Uniti Group Inc. [ UNIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Pres. & Chief Exec. Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
COMMON STOCK08/01/2026F62,240(1)D$9.721,979,545D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
/s/ KENNY GUNDERMAN BY: DANIEL L. HEARD, ATTORNEY-IN-FACT08/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)