Uniti Group (UNIT) director granted 21,118-share equity award vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uniti Group Inc. director Randolph Dunbar received a grant of 21,118 shares of common stock as a stock award. The shares were acquired at a price of $0.00 per share, increasing his directly held stake to 53,675 shares after the transaction.
The award is subject to vesting conditions. These shares will vest on February 26, 2027, provided Dunbar continues to serve on Uniti Group’s board of directors through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dunbar Randolph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 21,118 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 53,675 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Randolph Dunbar report at Uniti Group (UNIT)?
Randolph Dunbar reported receiving a grant of 21,118 Uniti Group common shares. The award was recorded at $0.00 per share and raised his directly held total to 53,675 shares after the transaction, according to the Form 4 disclosure.
Was the Uniti Group (UNIT) stock grant to Randolph Dunbar an open-market purchase?
No, the 21,118 Uniti Group shares were reported as a grant or award, not an open-market purchase. The transaction code "A" and zero dollar price indicate this was a compensatory equity grant to the director rather than a cash purchase.
Is Randolph Dunbar’s Uniti Group (UNIT) stock award subject to service conditions?
Yes. The Form 4 footnote states the 21,118-share award will vest only if Dunbar continues serving on Uniti Group’s board. Vesting occurs on February 26, 2027, assuming his service on the board is maintained through that date.