STOCK TITAN

Uniti Group (NYSE: UNIT) CTO nets shares after PBRSU vesting and tax withholding

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

Rhea-AI Filing Summary

Uniti Group Inc. executive Michael Friloux, SEVP & Chief Technology Officer, reported stock changes tied to vesting of performance-based restricted stock units granted in 2023. He acquired 11,968 shares of common stock at no cost upon vesting of these PBRSUs.

To cover related tax obligations, 5,697 shares were withheld at $8.06 per share as a tax-withholding disposition, rather than an open-market sale. After these transactions, Friloux directly owns 378,263 shares of Uniti common stock.

Positive

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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*
FRILOUX MICHAEL

(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 & Chief Tech. 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 11,968(1) A $0 383,960 D
COMMON STOCK 03/05/2026 F 5,697(2) D $8.06 378,263 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/ MICHAEL FRILOUX 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 stock transactions did Uniti (UNIT) report for Michael Friloux?

Uniti reported that executive Michael Friloux acquired 11,968 shares of common stock from vesting 2023 PBRSUs, and 5,697 shares were withheld to satisfy tax obligations. After these non-market transactions, he directly owns 378,263 Uniti common shares.

Was the Uniti (UNIT) Form 4 transaction an open-market stock sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld at $8.06 each to cover taxes triggered by vesting PBRSUs, while the rest of the granted shares increased the executive’s direct ownership.

How many Uniti (UNIT) shares did Michael Friloux receive from PBRSU vesting?

He received 11,968 Uniti common shares when performance-based restricted stock units granted in 2023 vested. These shares were granted at no stated purchase price and reflect equity-based compensation tied to previously awarded PBRSUs.

How many Uniti (UNIT) shares were withheld for taxes in this Form 4?

The filing shows 5,697 Uniti common shares withheld to meet tax obligations arising from the PBRSU vesting. These shares were valued at $8.06 per share for this purpose, reducing the net number of shares added to his holdings.

What is Michael Friloux’s Uniti (UNIT) share ownership after the reported transactions?

Following the PBRSU vesting and related tax-withholding disposition, Michael Friloux directly owns 378,263 shares of Uniti common stock. This figure reflects the net result of the new shares acquired and the shares withheld for taxes.
Uniti Group Inc

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UNIT Stock Data

1.92B
231.45M
REIT - Specialty
Telephone Communications (no Radiotelephone)
Link
United States
LITTLE ROCK