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Uniti Group (UNIT) executive uses 8,706 shares for tax withholding

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

Rhea-AI Filing Summary

Uniti Group Inc. senior executive Daniel L. Heard reported two tax-related share dispositions in connection with vesting of restricted stock. On February 20 and 21, he delivered a total of 8,706 common shares to cover tax obligations at a reported price of $8.58 per share. These were withheld shares rather than open‑market sales, and he continued to hold 400,518 common shares directly after the most recent transaction.

Positive

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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)
02/20/2026
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 02/20/2026 F 4,955(1) D $8.58 404,269 D
COMMON STOCK 02/21/2026 F 3,751(1) D $8.58 400,518 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.
/s/ DANIEL L. HEARD 02/24/2026
** 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 Uniti Group (UNIT) report for Daniel L. Heard?

Uniti Group reported that executive Daniel L. Heard had common shares withheld to cover taxes from vested restricted stock. Two Form 4 transactions show a combined 8,706 shares delivered for tax obligations rather than open-market sales.

Were the Uniti Group (UNIT) Form 4 transactions open-market sales?

No, the Form 4 states the dispositions were for tax withholding, not open-market sales. Shares were withheld to satisfy tax obligations arising when Heard’s time-based restricted stock vested, a common administrative mechanism for equity compensation.

How many Uniti Group (UNIT) shares were used for tax withholding?

The filing shows 4,955 Uniti common shares delivered on February 20 and 3,751 shares on February 21. In total, 8,706 shares were withheld to satisfy Daniel L. Heard’s tax obligations on vested restricted stock awards.

What price per share is reported in the Uniti Group (UNIT) Form 4?

Both tax-withholding dispositions list a price of $8.58 per Uniti common share. This price is used in the filing’s calculation of the value of shares delivered to satisfy Daniel L. Heard’s tax liabilities tied to restricted stock vesting.

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

After the February 21 tax-withholding disposition, the Form 4 reports that Daniel L. Heard directly owned 400,518 Uniti common shares. This figure reflects his remaining direct holdings following the withheld shares used to cover tax obligations.

What role does Daniel L. Heard hold at Uniti Group (UNIT)?

Daniel L. Heard is identified as Senior Executive Vice President, General Counsel and Secretary of Uniti Group Inc. The Form 4 associates his role with the reported restricted stock vesting and related tax-withholding share dispositions.
Uniti Group Inc

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UNIT Stock Data

1.93B
231.84M
REIT - Specialty
Telephone Communications (no Radiotelephone)
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United States
LITTLE ROCK