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Uniti Group (NYSE: UNIT) CEO gets PBRSU shares, withholds for taxes

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

Rhea-AI Filing Summary

Uniti Group Inc. reported insider equity compensation activity for Pres. & Chief Exec. Officer Kenny Gunderman. On the PBRSUs’ vesting date, he acquired 66,740 shares of common stock at no cost in connection with performance-based restricted stock units granted in 2023. To cover related tax obligations, 30,934 shares were withheld at a price of $8.06 per share. Following these grant and tax-withholding transactions, he directly owned 2,041,785 Uniti 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)
03/05/2026
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 03/05/2026 A 66,740(1) A $0 2,072,719 D
COMMON STOCK 03/05/2026 F 30,934(2) D $8.06 2,041,785 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 acquired by the reporting person in connection with the vesting of performance-based restricted stock units (PBRSUs) granted to the reporting person in 2023.
2. 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.
/s/ KENNY GUNDERMAN BY: DANIEL L. HEARD, ATTORNEY-IN-FACT 03/09/2026
** 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 Inc. (UNIT) report for Kenny Gunderman?

Uniti Group reported that Kenny Gunderman received a grant of 66,740 common shares upon vesting of performance-based restricted stock units and had 30,934 shares withheld at $8.06 each to satisfy tax obligations tied to that vesting.

How many Uniti Group (UNIT) shares did Kenny Gunderman acquire in this Form 4?

Kenny Gunderman acquired 66,740 Uniti common shares at no cost when performance-based restricted stock units granted in 2023 vested. These newly issued shares reflect equity compensation rather than an open market purchase of existing shares.

Why were some Uniti Group (UNIT) shares disposed of in Kenny Gunderman’s Form 4?

The Form 4 shows a disposition of 30,934 Uniti common shares at $8.06 each. According to the footnotes, these shares were withheld solely to satisfy tax obligations arising from the vesting of Kenny Gunderman’s performance-based restricted stock units.

What is Kenny Gunderman’s Uniti Group (UNIT) share ownership after these transactions?

After the reported grant and tax-withholding disposition, Kenny Gunderman directly owned 2,041,785 Uniti common shares. This figure reflects his post-transaction direct holdings as disclosed in the Form 4’s non-derivative ownership table.

What do the PBRSUs mentioned in Uniti Group (UNIT) insider filing represent?

The PBRSUs are performance-based restricted stock units granted to Kenny Gunderman in 2023. When vesting conditions were met, they settled into 66,740 Uniti common shares, which were reported as acquired in the Form 4 insider transaction disclosure.
Uniti Group Inc

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UNIT Stock Data

1.92B
231.40M
REIT - Specialty
Telephone Communications (no Radiotelephone)
Link
United States
LITTLE ROCK