Uniti Group exec reports RSU vesting and tax share sale
Uniti Group Inc. executive Daniel L. Heard reported equity compensation-related transactions in company stock.
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Rhea-AI Filing Summary
Uniti Group Inc. executive Daniel L. Heard reported equity compensation-related transactions in company stock. On the vesting of performance-based restricted stock units granted in 2023, he acquired 14,729 shares of common stock at no cost. To cover tax obligations from this vesting, 6,827 shares were automatically withheld and disposed of at a price of $8.06 per share. Following these award and tax-withholding transactions, he directly owned 456,138 shares of Uniti Group common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 14,729 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 6,827 | $8.06 | $55K |
Footnotes (2)
- F1. These shares were acquired by the reporting person in connection with the vesting of performance-based restricted stock units (PBRSUs) granted to the reporting person in 2023.
- F2. These shares were withheld to satisfy the reporting person's tax obligations that arose in connection with the vesting of the PBRSUs discussed in footnote (1) above.
FAQ
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What insider transactions did Uniti Group (UNIT) report for Daniel L. Heard?
Was the Uniti Group (UNIT) Form 4 a stock purchase or sale by the executive?
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