Uniti (UNIT) SVP Travis Black gets 24,845-share award, withholds 1,129 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uniti Group Inc. senior vice president and chief accounting officer Travis Black reported mixed equity transactions involving the company’s common stock. On March 1, 2026, he acquired 24,845 shares through a grant or award at a stated price of $0.0000 per share. A footnote states these shares vest in three equal installments each March 1, beginning on March 1, 2027, subject to his continued employment.
On February 27, 2026, 1,129 shares were disposed of at $7.32 per share in a tax-withholding transaction tied to previously granted time-based restricted stock that vested. A footnote explains the shares were withheld to satisfy his tax obligations arising from that vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Black Travis
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 24,845 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 1,129 | $7.32 | $8K |
Holdings After Transaction:
COMMON STOCK — 88,231 shares (Direct)
Footnotes (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. 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.
FAQ
What insider transactions did Uniti (UNIT) officer Travis Black report?
Travis Black reported one stock grant and one tax-related share disposition. He received 24,845 Uniti common shares as an award and had 1,129 shares withheld at $7.32 each to cover tax obligations from vested restricted stock.
What is the vesting schedule for Travis Black’s new Uniti (UNIT) stock award?
The 24,845-share award vests in three equal installments on March 1 of each year, starting March 1, 2027. Vesting is conditioned on Travis Black’s continued employment with Uniti Group Inc., aligning the award with long-term service at the company.
Does the Uniti (UNIT) Form 4 show open-market buying or selling by Travis Black?
The filing shows an equity grant and a tax-withholding disposition, not open-market trades. Shares were acquired via a stock award and 1,129 shares were withheld at $7.32 each to cover tax liabilities from vested restricted stock.