Uniti Group (NYSE: UNIT) CFO gets 91,484-share award, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uniti Group Inc. executive Paul Bullington reported two stock transactions. On March 1, 2026, he acquired 91,484 shares of common stock at $0.00 per share as a grant or award, bringing his direct holdings to 560,006 shares. These granted shares vest in three equal installments each March 1 starting in 2027, subject to his continued employment.
On February 27, 2026, 4,329 shares of common stock were disposed of at $7.32 per share to cover tax obligations tied to vesting restricted stock, leaving 468,522 shares directly owned after that transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bullington Paul
Role
SEVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 91,484 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 4,329 | $7.32 | $32K |
Holdings After Transaction:
COMMON STOCK — 560,006 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 Group (UNIT) report for Paul Bullington?
Uniti Group reported that Paul Bullington received a grant of 91,484 common shares and had 4,329 shares withheld for taxes. The grant was priced at $0.00 per share, while the tax-withholding shares were valued at $7.32 each.
Was the Uniti Group (UNIT) Form 4 transaction a stock purchase or sale?
The Form 4 shows an equity award and a tax-related share disposal, not an open-market trade. Bullington received 91,484 shares as a grant and 4,329 shares were withheld to satisfy tax obligations from vesting restricted stock.
What does the tax-withholding transaction mean in the Uniti Group (UNIT) Form 4?
The tax-withholding entry reflects 4,329 shares delivered to cover Bullington’s tax obligations from vesting restricted stock. This is coded as a disposition at $7.32 per share and is a standard administrative step, not a discretionary market sale.