Uniti Group (NYSE: UNIT) CTO reports share grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Uniti Group Inc. senior executive Michael Friloux, SEVP & Chief Technology Officer, reported two transactions in common stock. On March 1, 2026, he acquired 37,478 shares at $0 per share as a grant of time-based restricted stock. According to the terms, these shares vest in three equal installments each March 1, beginning March 1, 2027, subject to his continued employment. On February 27, 2026, 3,798 shares were disposed of at $7.32 per share to cover tax obligations arising from the vesting of previously granted restricted stock, rather than through an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FRILOUX MICHAEL
Role
SEVP & Chief Tech. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 37,478 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 3,798 | $7.32 | $28K |
Holdings After Transaction:
COMMON STOCK — 371,992 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 Michael Friloux?
Uniti Group reported that executive Michael Friloux received a grant of 37,478 shares of common stock and had 3,798 shares withheld to cover taxes. Both transactions involved restricted stock awards rather than open-market purchases or sales.
What is Michael Friloux’s role at Uniti Group (UNIT) in connection with this Form 4?
In this Form 4, Michael Friloux is identified as Senior Executive Vice President and Chief Technology Officer of Uniti Group. The reported equity grant and tax withholding relate to his compensation as a senior officer of the company.