Uniti SEVP covers taxes with 48,526 shares
Uniti Group Inc. executive John Harrobin reported routine tax-related share dispositions.
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Form Type
4
Rhea-AI Filing Summary
Uniti Group Inc. executive John Harrobin reported routine tax-related share dispositions. On April 28, 2026, he had 19,717 shares and 28,809 shares of common stock withheld at $11.49 per share to cover tax obligations tied to vesting of time-based restricted stock.
Following these transactions, his reported direct common stock holdings were 500,319 shares and 520,036 shares in the respective entries. A footnote explains that additional holdings include 8,264 shares acquired through the Uniti Group Inc. 2025 Employee Stock Purchase Plan during 2026.
Insider Trade Summary
Exercise Price or Tax Liability: 48,526 shares
Exercise Price or Tax Liability
2 txns
Insider
Harrobin John
Role
SEVP & President of Kinetic
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | COMMON STOCK | 28,809 | $11.49 | $331K |
| Exercise Price or Tax Liability | COMMON STOCK | 19,717 | $11.49 | $227K |
Holdings After Transaction:
COMMON STOCK — 500,319 shares (Direct)
Footnotes (2)
- 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.
- F2. Includes 8,264 shares acquired by the reporting person pursuant to the Uniti Group Inc. 2025 Employee Stock Purchase Plan during 2026.
Key Figures
Tax-withholding shares: 48,526 shares
First withholding block: 19,717 shares
Second withholding block: 28,809 shares
+4 more
7 metrics
Tax-withholding shares
48,526 shares
Total shares withheld to satisfy tax obligations
First withholding block
19,717 shares
Common stock withheld on April 28, 2026
Second withholding block
28,809 shares
Additional common stock withheld on April 28, 2026
Withholding price
$11.49 per share
Price used for both tax-withholding dispositions
Holdings after first entry
500,319 shares
Direct common stock reported following one transaction
Holdings after second entry
520,036 shares
Direct common stock reported following the other transaction
ESPP shares
8,264 shares
Acquired under 2025 Employee Stock Purchase Plan during 2026
Key Terms
time-based restricted stock, Employee Stock Purchase Plan, tax obligations, tax-withholding disposition, +1 more
5 terms
time-based restricted stock financial
"tax obligations that arose 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.
Employee Stock Purchase Plan financial
"Includes 8,264 shares acquired by the reporting person pursuant to the Uniti Group Inc. 2025 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax obligations financial
"shares were withheld to satisfy the reporting person's tax obligations that arose when time-based restricted stock"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
COMMON STOCK financial
"security_title": "COMMON STOCK""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Uniti Group (UNIT) report for John Harrobin?
Uniti Group reported that executive John Harrobin had company shares withheld to pay taxes. Two Form 4 entries show common stock withheld in connection with vesting of time-based restricted stock, rather than open-market purchases or sales, making these routine compensation-related events.
Were John Harrobin’s Uniti Group (UNIT) transactions open-market sales?
No, the transactions were not open-market sales. They are coded as tax-withholding dispositions, meaning shares were used to satisfy tax obligations from vesting restricted stock, rather than discretionary selling into the market by the executive.
What are John Harrobin’s Uniti Group (UNIT) holdings after these Form 4 entries?
After the reported tax-withholding dispositions, Form 4 entries list John Harrobin with 500,319 and 520,036 Uniti Group common shares directly held. A footnote adds that he also acquired 8,264 shares through the company’s 2025 Employee Stock Purchase Plan during 2026.
What does the tax-withholding code F mean in Uniti Group (UNIT) Form 4?
Code F indicates shares were delivered to cover exercise price or tax liabilities. For Uniti Group, John Harrobin used common stock to satisfy tax obligations from vesting time-based restricted stock, so these dispositions are administrative and compensation-related rather than voluntary trading decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
